10x Genomics: Q2 Earnings Insights

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10x Genomics TXG reported its Q2 earnings results on Monday, August 8, 2022 at 04:05 PM.

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

Earnings

10x Genomics missed estimated earnings by 46.15%, reporting an EPS of $-0.57 versus an estimate of $-0.39.

Revenue was down $1.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 3.96% drop in the share price the next day.

Here's a look at 10x Genomics's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.31 -0.09 -0.20 -0.26
EPS Actual -0.38 -0.16 -0.15 -0.10
Revenue Estimate 113.34M 148.53M 122.62M 112.85M
Revenue Actual 114.50M 143.53M 125.30M 115.84M

To track all earnings releases for 10x Genomics visit their earnings calendar here.

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

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