Recap: Silk Road Medical Q1 Earnings

Silk Road Medical (NASDAQ:SILK) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Silk Road Medical missed estimated earnings by 10.26%, reporting an EPS of $-0.43 versus an estimate of $-0.39.

Revenue was up $12.11 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 9.76% drop in the share price the next day.

Here's a look at Silk Road Medical's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.38	-0.42	-0.46	-0.37
EPS Actual	-0.34	-0.29	-0.45	-0.48
Revenue Estimate	37.35M	33.50M	31.16M	27.10M
Revenue Actual	40.07M	37.37M	33.17M	28.02M

To track all earnings releases for Silk Road Medical visit their earnings calendar here.

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

To add Benzinga News as your preferred source on Google, click here.