Recap: Precigen Q1 Earnings

Precigen PGEN reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.

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

Earnings

Precigen missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.

Revenue was down $30.17 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 17.39% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.10 -0.14 -0.13 -0.13
EPS Actual -0.11 -0.04 -0.13 -0.10
Revenue Estimate 6.21M 2.72M 24.63M 23.27M
Revenue Actual 1.76M 16.72M 2.91M 32.02M

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

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!