Insmed: Q1 Earnings Insights

Insmed INSM reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

Insmed missed estimated earnings by 5.41%, reporting an EPS of $-1.17 versus an estimate of $-1.11.

Revenue was up $12.11 million from the same period last year.

Last quarter the company missed on EPS by $0.17 which was followed by a 1.47% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-1.04	-0.89	-0.89	-0.88
EPS Actual	-1.21	-1.09	-0.80	-0.80
Revenue Estimate	62.28M	66.46M	59.41M	53.36M
Revenue Actual	59.30M	67.73M	65.22M	53.11M

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

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

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