Recap: Twist Bioscience Q2 Earnings

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Twist Bioscience TWST reported its Q2 earnings results on Friday, May 5, 2023 at 07:30 AM.

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

Earnings

Twist Bioscience beat estimated earnings by 7.14%, reporting an EPS of $-1.04 versus an estimate of $-1.12.

Revenue was up $12.05 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.39 which was followed by a 18.09% drop in the share price the next day.

Here's a look at Twist Bioscience's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -1.13 -1.25 -1.31 -1.28
EPS Actual -0.74 -0.99 -1.08 -1.13
Revenue Estimate 54.10M 57.02M 51.45M 45.25M
Revenue Actual 54.24M 57.31M 56.11M 48.13M

To track all earnings releases for Twist Bioscience visit their earnings calendar here.

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

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