Recap: MaxCyte Q3 Earnings

MaxCyte MXCT reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

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

Earnings

MaxCyte missed estimated earnings by 10.0%, reporting an EPS of $-0.11 versus an estimate of $-0.1.

Revenue was down $2.64 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 10.44% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.1 -0.11 -0.07 -0.09
EPS Actual -0.1 -0.11 -0.05 -0.06
Revenue Estimate 10.80M 8.32M 12.90M 10.43M
Revenue Actual 9.04M 8.58M 12.42M 10.64M

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

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

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