Invitae NVTA reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Invitae beat estimated earnings by 5.13%, reporting an EPS of $-0.37 versus an estimate of $-0.39.
Revenue was down $6.33 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 21.86% drop in the share price the next day.
Here's a look at Invitae's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.53 | -0.63 | -0.76 | -0.76 |
EPS Actual | -0.34 | -0.42 | -0.68 | -0.78 |
Revenue Estimate | 121.28M | 131.35M | 136.85M | 128.13M |
Revenue Actual | 122.45M | 133.54M | 136.62M | 123.69M |
To track all earnings releases for Invitae 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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