Wrap Technologies (NASDAQ:WRAP) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Wrap Technologies beat estimated earnings by 9.09%, reporting an EPS of $-0.1 versus an estimate of $-0.11.
Revenue was down $888 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 10.96% drop in the share price the next day.
Here’s a look at Wrap Technologies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.09 | -0.13 | -0.12 |
| EPS Actual | -0.09 | -0.09 | -0.12 | -0.13 |
| Revenue Estimate | 3.27M | 2.35M | 1.88M | 1.76M |
| Revenue Actual | 3.58M | 1.70M | 1.17M | 1.60M |
To track all earnings releases for Wrap Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
