Profire Energy: Q1 Earnings Insights

Profire Energy PFIE reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:10 PM.

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

Profire Energy beat estimated earnings by 150.0%, reporting an EPS of $0.05 versus an estimate of $0.02.

Revenue was up $5.05 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 12.73% increase in the share price the next day.

Here's a look at Profire Energy's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.02	0.02	0.01
EPS Actual	0.04	0.02	0.01	0.01
Revenue Estimate	12.25M	12.50M	8.59M	7.03M
Revenue Actual	14.00M	12.83M	9.63M	9.50M

To track all earnings releases for Profire Energy visit their earnings calendar here.

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