Sunworks: Q3 Earnings Insights

Sunworks SUNW reported its Q3 earnings results on Friday, November 10, 2023 at 09:00 AM.

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

Earnings

Sunworks reported in-line EPS of $-0.24 versus an estimate of $-0.24.

Revenue was down $12.01 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 3.67% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.16 -0.26 -0.12 -0.14
EPS Actual -0.34 -0.18 -0.20 -0.16
Revenue Estimate 43.60M 34.07M 40.37M 37.35M
Revenue Actual 34.64M 37.90M 53.60M 40.71M

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

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

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