Agrify: Q1 Earnings Insights

Agrify AGFY reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:00 AM.

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

Agrify missed estimated earnings by 9.09%, reporting an EPS of $-0.36 versus an estimate of $-0.33.

Revenue was up $19.01 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 0.5% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.31	-0.30	-0.24	-0.31
EPS Actual	-0.36	-0.47	-0.28	-0.33
Revenue Estimate	27.84M	13.91M	9.92M	5.80M
Revenue Actual	25.27M	15.75M	11.82M	7.01M

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

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

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