Precision BioSciences: Q1 Earnings Insights

Precision BioSciences DTIL reported its Q1 earnings results on Monday, May 9, 2022 at 07:00 AM.

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

Precision BioSciences beat estimated earnings by 16.36%, reporting an EPS of $-0.46 versus an estimate of $-0.55.

Revenue was down $13.03 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.36% increase in the share price the next day.

Here's a look at Precision BioSciences's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.47	-0.59	-0.44	-0.50
EPS Actual	-0.52	-0.19	0.36	-0.33
Revenue Estimate	7.75M	6.02M	13.86M	7.11M
Revenue Actual	6.34M	24.04M	68.81M	16.35M

To track all earnings releases for Precision BioSciences visit their earnings calendar here.

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

Earnings Calendar