Rockwell Medical: Q1 Earnings Insights

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Rockwell Medical RMTI reported its Q1 earnings results on Monday, May 15, 2023 at 06:00 AM.

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

Earnings

Rockwell Medical beat estimated earnings by 37.5%, reporting an EPS of $-0.1 versus an estimate of $-0.16.

Revenue was up $3.54 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 4.02% increase in the share price the next day.

Here's a look at Rockwell Medical's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.39 -0.48 -0.89 -0.89
EPS Actual -0.20 -0.40 -0.56 -0.84
Revenue Estimate 16.31M 19.37M 16.80M 17.65M
Revenue Actual 19.31M 18.69M 18.68M 16.12M

To track all earnings releases for Rockwell Medical visit their earnings calendar here.

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

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