Wrap Technologies: Q2 Earnings Insights

 

Wrap Technologies WRAP reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:05 PM.

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

Earnings

Wrap Technologies beat estimated earnings by 7.69%, reporting an EPS of $-0.12 versus an estimate of $-0.13.

Revenue was down $769 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.7% increase in the share price the next day.

Here's a look at Wrap Technologies's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.12 -0.14 -0.16 -0.13
EPS Actual -0.13 -0.13 -0.15 -0.20
Revenue Estimate 1.76M 2.09M 2.35M 1.80M
Revenue Actual 1.60M 2.45M 1.80M 1.93M

To track all earnings releases for Wrap Technologies visit their earnings calendar here.

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

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