First Internet: Q4 Earnings Insights - First Internet (NASDAQ:INBK)

First Internet INBK reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.

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

First Internet beat estimated earnings by 54.84%, reporting an EPS of $0.48 versus an estimate of $0.31.

Revenue was down $268 thousand from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 9.81% increase in the share price the next day.

Here's a look at First Internet's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.36	0.38	0.46	0.70
EPS Actual	0.39	0.44	0.53	0.68
Revenue Estimate	19.92M	19.81M	22.17M	23.46M
Revenue Actual	24.79M	24.02M	25.02M	27.48M

To track all earnings releases for First Internet visit their earnings calendar here.

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