Recap: SomaLogic Q3 Earnings

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

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

SomaLogic beat estimated earnings by 29.41%, reporting an EPS of $-0.12 versus an estimate of $-0.17.

Revenue was down $19.66 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 6.4% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.16	-0.22	-0.21	-0.20
EPS Actual	-0.13	-0.18	-0.26	-0.18
Revenue Estimate	19.82M	18.02M	16.55M	20.07M
Revenue Actual	20.47M	20.38M	18.83M	41.71M

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

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