Telesis Bio: Q1 Earnings Insights

Telesis Bio (NASDAQ:TBIO) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM. Here’s what…

Telesis Bio (NASDAQ:TBIO) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Telesis Bio reported in-line EPS of $-0.37 versus an estimate of $-0.37.

Revenue was up $680 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 9.95% drop in the share price the next day.

Here’s a look at Telesis Bio’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.41 -0.48 -0.51 -0.45
EPS Actual -0.28 -0.42 -0.50 -0.45
Revenue Estimate 7.20M 5.30M 4.45M 3.90M
Revenue Actual 9.47M 6.67M 5.66M 5.64M

To track all earnings releases for Telesis Bio visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

JD.com’s Earnings: A Preview

JD.com (NASDAQ:JD) is set to give its latest quarterly earnings report on Tuesday, 2022-08-23. Here's what investors need to know before the announcement. Analysts estimate that JD.com will report an earnings per share (EPS) of $0.40.

JD