Recap: Bakkt Hldgs Q1 Earnings

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Bakkt Hldgs BKKT reported its Q1 earnings results on Thursday, May 11, 2023 at 07:30 AM.

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

Earnings

Bakkt Hldgs beat estimated earnings by 5.56%, reporting an EPS of $-0.17 versus an estimate of $-0.18.

Revenue was up $500 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.06 which was followed by a 10.66% drop in the share price the next day.

Here's a look at Bakkt Hldgs's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.18 -0.12 -0.19
EPS Actual -1.24 -6.11 -0.05 -0.14
Revenue Estimate 15.88M 14.10M 13.99M 13.70M
Revenue Actual 15.60M 12.90M 13.60M 12.50M

To track all earnings releases for Bakkt Hldgs visit their earnings calendar here.

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

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