electroCore: Q1 Earnings Insights

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electroCore ECOR reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.

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

Earnings

electroCore missed estimated earnings by 24.0%, reporting an EPS of $-1.24 versus an estimate of $-1.0.

Revenue was up $881 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 9.47% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -1.12 -1.05 -1.05 -1.05
EPS Actual -1.22 -1.20 -1.20 -1.20
Revenue Estimate 2.36M 2.27M 2.02M 1.77M
Revenue Actual 2.56M 1.98M 2.16M 1.90M

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

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

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Posted In: EarningsBZI-Recaps

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