RumbleON: Q1 Earnings Insights - RumbleON (NASDAQ:RMBL)

RumbleON RMBL reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

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

RumbleON beat estimated earnings by 113.89%, reporting an EPS of $0.05 versus an estimate of $-0.36.

Revenue was down $113.62 million from the same period last year.

Last quarter the company missed on EPS by $0.54 which was followed by a 12.15% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	0.65	0.9	0.99
EPS Actual	-0.68	0.27	1.2	0.58
Revenue Estimate	398.55M	466.36M	513.59M	445.92M
Revenue Actual	369.51M	470.27M	546.10M	459.92M

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

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