Emergent BioSolutions (NYSE:EBS) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

Emergent BioSolutions missed estimated earnings by 155.65%, reporting an EPS of $-3.17 versus an estimate of $-1.24.

Revenue was down $142.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.35 which was followed by a 11.57% drop in the share price the next day.

Here's a look at Emergent BioSolutions's past performance:

To track all earnings releases for Emergent BioSolutions visit their earnings calendar here.

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