Recap: MedAvail Holdings Q2 Earnings

Recap: MedAvail Holdings Q2 Earnings

 

MedAvail Holdings MDVL reported its Q2 earnings results on Thursday, August 11, 2022 at 04:05 PM.

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

Earnings

MedAvail Holdings beat estimated earnings by 34.62%, reporting an EPS of $-0.17 versus an estimate of $-0.26.

Revenue was up $6.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 9.52% drop in the share price the next day.

Here's a look at MedAvail Holdings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.36 -0.35 -0.32 -0.30
EPS Actual -0.40 -0.38 -0.34 -0.32
Revenue Estimate 8.89M 6.92M 5.53M 4.80M
Revenue Actual 9.11M 7.28M 5.79M 5.03M

To track all earnings releases for MedAvail Holdings visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings