SeaSpine Holdings: Q1 Earnings Insights

SeaSpine Holdings SPNE reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

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

Earnings

SeaSpine Holdings missed estimated earnings by 28.57%, reporting an EPS of $-0.45 versus an estimate of $-0.35.

Revenue was up $8.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.17 which was followed by a 4.48% drop in the share price the next day.

Here's a look at SeaSpine Holdings's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.35 -0.31 -0.32 -0.33
EPS Actual -0.52 -0.48 -0.16 -0.46
Revenue Estimate 54.85M 47.82M 45.88M 40.23M
Revenue Actual 55.59M 46.45M 47.46M 41.95M

To track all earnings releases for SeaSpine Holdings visit their earnings calendar here.

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

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