Recap: Schrodinger Q1 Earnings

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Schrodinger SDGR reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

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

Earnings

Schrodinger beat estimated earnings by 7.69%, reporting an EPS of $-0.48 versus an estimate of $-0.52.

Revenue was up $16.54 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 19.12% increase in the share price the next day.

Here's a look at Schrodinger's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.39 -0.43 -0.33 -0.16
EPS Actual -0.43 -0.49 -0.49 0
Revenue Estimate 36.80M 31.58M 29.88M 29.23M
Revenue Actual 46.17M 29.85M 29.78M 32.13M

To track all earnings releases for Schrodinger visit their earnings calendar here.

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

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