Assertio Holdings ASRT reported its Q1 earnings results on Tuesday, May 9, 2023 at 07:15 AM.
Here's what investors need to know about the announcement.
Earnings
Assertio Holdings beat estimated earnings by 123.08%, reporting an EPS of $0.29 versus an estimate of $0.13.
Revenue was up $5.93 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.16 which was followed by a 11.74% increase in the share price the next day.
Here's a look at Assertio Holdings's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.48 | 0.07 | 0.08 | 0.09 |
EPS Actual | 0.32 | 0.22 | 0.28 | 0.38 |
Revenue Estimate | 47.44M | 31.33M | 31.78M | 33.06M |
Revenue Actual | 50.35M | 34.21M | 35.13M | 36.54M |
To track all earnings releases for Assertio Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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