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.

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.

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.