ClearPoint Neuro: Q1 Earnings Insights

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ClearPoint Neuro CLPT reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Earnings

ClearPoint Neuro missed estimated earnings by 27.78%, reporting an EPS of $-0.23 versus an estimate of $-0.18.

Revenue was up $402 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 9.79% drop in the share price the next day.

Here's a look at ClearPoint Neuro's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.20 -0.19 -0.18 -0.20
EPS Actual -0.18 -0.15 -0.18 -0.17
Revenue Estimate 5.19M 5.40M 5.08M 4.18M
Revenue Actual 5.17M 5.15M 5.20M 5.03M

To track all earnings releases for ClearPoint Neuro visit their earnings calendar here.

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

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