Abiomed: Q1 Earnings Insights

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Abiomed ABMD reported its Q1 earnings results on Thursday, August 4, 2022 at 07:00 AM.

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

Earnings

Abiomed beat estimated earnings by 17.92%, reporting an EPS of $1.25 versus an estimate of $1.06.

Revenue was up $24.56 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.22% drop in the share price the next day.

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

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.09 0.97 0.97 1.05
EPS Actual 1.16 1.13 1.03 1.10
Revenue Estimate 267.67M 252.84M 247.66M 240.91M
Revenue Actual 269.85M 261.18M 248.14M 252.59M

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

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

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