Recap: Sonendo Q1 Earnings

Sonendo SONX reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:06 PM.

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

Earnings

Sonendo missed estimated earnings by 6.67%, reporting an EPS of $-0.16 versus an estimate of $-0.15.

Revenue was up $1.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 7.04% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.21 -0.42 -0.56 -0.56
EPS Actual -0.12 -0.47 -0.57 -0.59
Revenue Estimate 11.87M 9.31M 10.12M 8.22M
Revenue Actual 12.23M 9.85M 10.55M 9.03M

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

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

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