Recap: Humacyte Q1 Earnings

Humacyte HUMA reported its Q1 earnings results on Friday, May 12, 2023 at 07:05 AM.

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

Earnings

Humacyte missed estimated earnings by 71.43%, reporting an EPS of $-0.36 versus an estimate of $-0.21.

Revenue was down $233 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 5.83% drop in the share price the next day.

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

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

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