AquaBounty Techs: Q1 Earnings Insights

AquaBounty Techs AQB reported its Q1 earnings results on Thursday, May 4, 2023 at 08:00 AM.

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

Earnings

AquaBounty Techs missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.

Revenue was down $565 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 3.35% increase in the share price the next day.

Here's a look at AquaBounty Techs's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.08 -0.09 -0.09 -0.08
EPS Actual -0.08 -0.08 -0.08 -0.07
Revenue Estimate 830K 1.04M 1.16M 670K
Revenue Actual 450K 653K 1.07M 962K

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for AquaBounty Techs visit their earnings calendar here.

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

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