Synlogic: Q1 Earnings Insights

Synlogic SYBX reported its Q1 earnings results on Thursday, May 11, 2023 at 06:00 AM.

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

Earnings

Synlogic missed estimated earnings by 4.55%, reporting an EPS of $-0.23 versus an estimate of $-0.22.

Revenue was down $50 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 6.32% increase in the share price the next day.

Here's a look at Synlogic's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.25 -0.23 -0.23 -0.24
EPS Actual -0.24 -0.25 -0.22 -0.22
Revenue Estimate 220K 90K 150K 190K
Revenue Actual 106K 678K 152K 224K

To track all earnings releases for Synlogic visit their earnings calendar here.

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

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