Recap: Assertio Holdings Q1 Earnings

Assertio Holdings ASRT reported its Q1 earnings results on Tuesday, May 9, 2023 at 07:15 AM.

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

Earnings

Assertio Holdings beat estimated earnings by 123.08%, reporting an EPS of $0.29 versus an estimate of $0.13.

Revenue was up $5.93 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 11.74% increase in the share price the next day.

Here's a look at Assertio Holdings's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.48 0.07 0.08 0.09
EPS Actual 0.32 0.22 0.28 0.38
Revenue Estimate 47.44M 31.33M 31.78M 33.06M
Revenue Actual 50.35M 34.21M 35.13M 36.54M

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

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

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Posted In: EarningsBZI-Recaps
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