Sunworks (NASDAQ:SUNW) reported its Q3 earnings results on Friday, November 10, 2023 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Sunworks reported in-line EPS of $-0.24 versus an estimate of $-0.24.
Revenue was down $12.01 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 3.67% drop in the share price the next day.
Here’s a look at Sunworks’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.26 | -0.12 | -0.14 |
| EPS Actual | -0.34 | -0.18 | -0.20 | -0.16 |
| Revenue Estimate | 43.60M | 34.07M | 40.37M | 37.35M |
| Revenue Actual | 34.64M | 37.90M | 53.60M | 40.71M |
To track all earnings releases for Sunworks visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
