Caribou Biosciences: Q1 Earnings Insights

Caribou Biosciences CRBU reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.

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

Earnings

Caribou Biosciences beat estimated earnings by 6.12%, reporting an EPS of $-0.46 versus an estimate of $-0.49.

Revenue was up $838 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 5.99% drop in the share price the next day.

Here's a look at Caribou Biosciences's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.46 -0.48 -0.36 -0.35
EPS Actual -0.44 -0.44 -0.44 -0.32
Revenue Estimate 3.07M 3.70M 2.86M 3.20M
Revenue Actual 3.69M 3.30M 4.19M 2.66M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Caribou Biosciences visit their earnings calendar here.

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

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