Recap: Cue Health Q1 Earnings

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Cue Health HLTH reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.

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

Earnings

Cue Health beat estimated earnings by 21.31%, reporting an EPS of $-0.48 versus an estimate of $-0.61.

Revenue was down $154.65 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 11.44% increase in the share price the next day.

Here's a look at Cue Health's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.51 -0.54 -0.46 -0.05
EPS Actual -0.50 -0.43 -0.37 0.02
Revenue Estimate 47.77M 58.16M 52.90M 175.15M
Revenue Actual 146.78M 69.59M 87.70M 179.41M

To track all earnings releases for Cue Health visit their earnings calendar here.

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

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