Sarcos Technology STRC reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Sarcos Technology missed estimated earnings by 8.33%, reporting an EPS of $-0.13 versus an estimate of $-0.12.
Revenue was up $1.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 8.67% drop in the share price the next day.
Here's a look at Sarcos Technology's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.11 | -0.10 | -0.09 |
| EPS Actual | -0.12 | -0.12 | -0.12 | -0.10 |
| Revenue Estimate | 5.70M | 5.02M | 1.92M | 1.19M |
| Revenue Actual | 6.12M | 4.67M | 3.04M | 743K |
To track all earnings releases for Sarcos Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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