Pacific Biosciences: Q2 Earnings Insights

Pacific Biosciences PACB reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

Pacific Biosciences missed estimated earnings by 6.25%, reporting an EPS of $-0.34 versus an estimate of $-0.32.

Revenue was up $4.86 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 11.93% drop in the share price the next day.

Here's a look at Pacific Biosciences's past performance:

To track all earnings releases for Pacific Biosciences visit their earnings calendar here.

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