Meta Materials: Q3 Earnings Insights

Meta Materials MMAT reported its Q3 earnings results on Monday, November 13, 2023 at 08:30 AM.

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

Earnings

Meta Materials reported in-line EPS of $-0.02 versus an estimate of $-0.02.

Revenue was down $255 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.33% drop in the share price the next day.

Here's a look at Meta Materials's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.02 -0.04 -0.06 -0.05
EPS Actual -0.02 -0.05 -0.05 -0.07
Revenue Estimate 3.09M 3.27M 2.82M 3.62M
Revenue Actual 2.03M 1.41M 1.45M 2.46M

To track all earnings releases for Meta Materials visit their earnings calendar here.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!