Clever Leaves Holdings: Q3 Earnings Insights

Clever Leaves Holdings CLVR reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.

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

Clever Leaves Holdings missed estimated earnings by 54.76%, reporting an EPS of $-3.25 versus an estimate of $-2.1.

Revenue was up $515 thousand from the same period last year.

Last quarter the company beat on EPS by $0.3 which was followed by a 1.67% increase in the share price the next day.

Here's a look at Clever Leaves Holdings's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-2.7	-4.5	-4.5	-5.1
EPS Actual	-2.4	-2.7	-3.9	-0.9
Revenue Estimate	5.00M	3.60M	4.15M	5.50M
Revenue Actual	4.98M	3.98M	4.61M	3.31M

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

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

Earnings Calendar