Recap: Snap One Holdings Q1 Earnings

Snap One Holdings SNPO reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Snap One Holdings beat estimated earnings by 300.0%, reporting an EPS of $0.04 versus an estimate of $0.01.

Revenue was down $25.39 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 4.91% drop in the share price the next day.

Here's a look at Snap One Holdings's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.11	0.26	0.27	0.09
EPS Actual	0.14	0.20	0.22	0.14
Revenue Estimate	252.88M	303.66M	292.30M	252.19M
Revenue Actual	268.24M	281.23M	296.90M	277.43M

To track all earnings releases for Snap One Holdings visit their earnings calendar here.

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