Recap: Assertio Holdings Q1 Earnings

Assertio Holdings (NASDAQ:ASRT) reported its Q1 earnings results on Tuesday, May 9, 2023 at 07:15 AM.

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

Assertio Holdings beat estimated earnings by 123.08%, reporting an EPS of $0.29 versus an estimate of $0.13.

Revenue was up $5.93 million from the same period last year.

Last quarter the company missed on EPS by $0.16 which was followed by a 11.74% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.48	0.07	0.08	0.09
EPS Actual	0.32	0.22	0.28	0.38
Revenue Estimate	47.44M	31.33M	31.78M	33.06M
Revenue Actual	50.35M	34.21M	35.13M	36.54M

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

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