Recap: Surgalign Holdings Q1 Earnings

Surgalign Holdings SRGA reported its Q1 earnings results on Thursday, May 11, 2023 at 04:01 PM.

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

Surgalign Holdings beat estimated earnings by 61.04%, reporting an EPS of $-0.9 versus an estimate of $-2.31.

Revenue was down $3.86 million from the same period last year.

Last quarter the company beat on EPS by $0.58 which was followed by a 3.61% drop in the share price the next day.

Here's a look at Surgalign Holdings's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-1.80	-1.96	-2.25	-3
EPS Actual	-1.22	-1.78	-1.91	-2.1
Revenue Estimate	20.67M	21.14M	21.13M	19.10M
Revenue Actual	20.57M	20.18M	20.62M	20.61M

To track all earnings releases for Surgalign Holdings visit their earnings calendar here.

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