LumiraDx: Q1 Earnings Insights

LumiraDx LMDX reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:45 AM.

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

Earnings

LumiraDx beat estimated earnings by 7.14%, reporting an EPS of $-0.13 versus an estimate of $-0.14.

Revenue was down $104.24 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 10.47% drop in the share price the next day.

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

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

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