Recap: Maravai LifeSciences Q2 Earnings

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Maravai LifeSciences MRVI reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

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

Earnings

Maravai LifeSciences beat estimated earnings by 20.0%, reporting an EPS of $0.54 versus an estimate of $0.45.

Revenue was up $24.96 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 13.38% increase in the share price the next day.

Here's a look at Maravai LifeSciences's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.44 0.38 0.35 0.31
EPS Actual 0.54 0.45 0.44 0.44
Revenue Estimate 232.30M 208.09M 201.50M 192.29M
Revenue Actual 244.29M 228.44M 204.81M 217.78M

To track all earnings releases for Maravai LifeSciences visit their earnings calendar here.

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

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