Motorsport Games MSGM reported its Q1 earnings results on Thursday, May 11, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Motorsport Games beat estimated earnings by 30.45%, reporting an EPS of $-2.33 versus an estimate of $-3.35.
Revenue was down $1.59 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.44 which was followed by a 6.69% drop in the share price the next day.
Here's a look at Motorsport Games's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -3.73 | -5 | -4.5 | -5 |
EPS Actual | -4.17 | -7.29 | -6.3 | -5 |
Revenue Estimate | 4.13M | 3.23M | 1.80M | 1.78M |
Revenue Actual | 3.77M | 1.22M | 2.01M | 3.32M |
To track all earnings releases for Motorsport Games visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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