Co-Diagnostics: Q4 Earnings Insights

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Co-Diagnostics CODX reported its Q4 earnings results on Thursday, March 14, 2024 at 04:01 PM.

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

Earnings

Co-Diagnostics missed estimated earnings by -150.0%, reporting an EPS of $-0.5 versus an estimate of $-0.2.

Revenue was up $2.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 10.0% drop in the share price the next day.

Here's a look at Co-Diagnostics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.29 -0.24 -0.22 -0.15
EPS Actual -0.20 -0.31 -0.20 -0.19
Revenue Estimate 200K 500K 1.10M 5.50M
Revenue Actual 2.46M 197K 601K 1.40M

To track all earnings releases for Co-Diagnostics visit their earnings calendar here.

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

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CODXCo-Diagnostics Inc
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