Sarcos Technology STRC reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Sarcos Technology missed estimated earnings by 11.86%, reporting an EPS of $-0.66 versus an estimate of $-0.59.
Revenue was down $2.84 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 10.06% drop in the share price the next day.
Here's a look at Sarcos Technology's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.71 | -0.72 | -0.90 | -0.60 |
| EPS Actual | -0.86 | -0.78 | -0.72 | -0.72 |
| Revenue Estimate | 2.10M | 3.18M | 5.70M | 5.02M |
| Revenue Actual | 1.28M | 2.30M | 6.12M | 4.67M |
To track all earnings releases for Sarcos Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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