Expensify: Q1 Earnings Insights

Expensify EXFY reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.

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

Expensify missed estimated earnings by 37.5%, reporting an EPS of $0.05 versus an estimate of $0.08.

Revenue was down $269 thousand from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 1.39% drop in the share price the next day.

Here's a look at Expensify's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.07	0.08	0.09
EPS Actual	0.09	0.06	0.08	0.09
Revenue Estimate	44.38M	45.92M	43.66M	39.28M
Revenue Actual	43.47M	42.49M	43.16M	40.37M

To track all earnings releases for Expensify visit their earnings calendar here.

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

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