10x Genomics: Q1 Earnings Insights

10x Genomics TXG reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

10x Genomics missed estimated earnings by 18.92%, reporting an EPS of $-0.44 versus an estimate of $-0.37.

Revenue was up $19.79 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 11.15% increase in the share price the next day.

Here's a look at 10x Genomics's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.31	-0.46	-0.39	-0.31
EPS Actual	-0.15	-0.37	-0.57	-0.38
Revenue Estimate	148.69M	129.58M	117.19M	113.34M
Revenue Actual	156.23M	131.07M	114.61M	114.50M

To track all earnings releases for 10x Genomics visit their earnings calendar here.

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

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