SomaLogic: Q1 Earnings Insights

SomaLogic SLGC reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

SomaLogic beat estimated earnings by 18.18%, reporting an EPS of $-0.18 versus an estimate of $-0.22.

Revenue was down $2.60 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.14% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.21	-0.20	-0.18	-0.16
EPS Actual	-0.26	-0.18	-0.13	-0.18
Revenue Estimate	16.55M	20.07M	24.82M	23.20M
Revenue Actual	18.83M	41.71M	14.14M	22.98M

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

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