Recap: Bioventus Q1 Earnings

Bioventus BVS reported its Q1 earnings results on Tuesday, May 16, 2023 at 04:00 PM.

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

Bioventus missed estimated earnings by 73.33%, reporting an EPS of $-0.26 versus an estimate of $-0.15.

Revenue was up $1.77 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 11.57% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.05	0.12	0.16	0.05
EPS Actual	-0.06	0.06	0.10	0.04
Revenue Estimate	132.70M	141.59M	138.33M	117.69M
Revenue Actual	125.83M	128.66M	140.33M	117.29M

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

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