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.

Earnings

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.

Past Earnings Performance

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.

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