Recap: Cue Health Q1 Earnings

Cue Health HLTH reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.

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

Cue Health beat estimated earnings by 21.31%, reporting an EPS of $-0.48 versus an estimate of $-0.61.

Revenue was down $154.65 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 11.44% increase in the share price the next day.

Here's a look at Cue Health's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.51	-0.54	-0.46	-0.05
EPS Actual	-0.50	-0.43	-0.37	0.02
Revenue Estimate	47.77M	58.16M	52.90M	175.15M
Revenue Actual	146.78M	69.59M	87.70M	179.41M

To track all earnings releases for Cue Health visit their earnings calendar here.

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