ContextLogic (NASDAQ:WISH) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

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

Earnings

ContextLogic beat estimated earnings by 57.14%, reporting an EPS of $-0.06 versus an estimate of $-0.14.

Revenue was down $583.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 5.73% drop in the share price the next day.

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

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

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