Cormedix: Q1 Earnings Insights

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Cormedix CRMD reported its Q1 earnings results on Thursday, May 12, 2022 at 04:00 PM.

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

Earnings

Cormedix beat estimated earnings by 18.18%, reporting an EPS of $-0.18 versus an estimate of $-0.22.

Revenue was down $80.62 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 5.6% increase in the share price the next day.

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

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.23 -0.18 -0.17 -0.18
EPS Actual -0.20 -0.22 -0.12 -0.20
Revenue Estimate 20.00K 20.00K 40.00K 140.00K
Revenue Actual 56.40K 38.09K 8.19K 88.26K

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

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

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