Recap: MultiPlan Q1 Earnings - MultiPlan (NYSE:MPLN)

MultiPlan MPLN reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.

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

MultiPlan missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.06.

Revenue was down $61.45 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 11.12% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.05	0.03	0.04	0.04
EPS Actual	0.02	0.03	0.02	0.07
Revenue Estimate	240.04M	284.12M	293.31M	283.72M
Revenue Actual	241.09M	250.45M	290.13M	298.05M

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

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