Recap: Hyperfine Q1 Earnings

Hyperfine (NASDAQ:HYPR) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Hyperfine missed estimated earnings by 30.77%, reporting an EPS of $-0.17 versus an estimate of $-0.13.

Revenue was up $1.13 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 9.68% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.22	-0.26	-0.27	-0.21
EPS Actual	-0.19	-0.19	-0.33	-0.34
Revenue Estimate	2.25M	1.55M	1.70M	1.00M
Revenue Actual	1.42M	2.35M	1.53M	1.51M

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

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