Synlogic (NASDAQ:SYBX) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Synlogic missed estimated earnings by 4.55%, reporting an EPS of $-0.23 versus an estimate of $-0.22.
Revenue was down $50 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 6.32% increase in the share price the next day.
Here’s a look at Synlogic’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.25 | -0.23 | -0.23 | -0.24 |
| EPS Actual | -0.24 | -0.25 | -0.22 | -0.22 |
| Revenue Estimate | 220K | 90K | 150K | 190K |
| Revenue Actual | 106K | 678K | 152K | 224K |
To track all earnings releases for Synlogic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
