Recap: Surgalign Holdings Q1 Earnings

Surgalign Holdings SRGA reported its Q1 earnings results on Thursday, May 11, 2023 at 04:01 PM.

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

Earnings

Surgalign Holdings beat estimated earnings by 61.04%, reporting an EPS of $-0.9 versus an estimate of $-2.31.

Revenue was down $3.86 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58 which was followed by a 3.61% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -1.80 -1.96 -2.25 -3
EPS Actual -1.22 -1.78 -1.91 -2.1
Revenue Estimate 20.67M 21.14M 21.13M 19.10M
Revenue Actual 20.57M 20.18M 20.62M 20.61M

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

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

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