LumiraDx: Q1 Earnings Insights


LumiraDx LMDX reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:45 AM.

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


LumiraDx beat estimated earnings by 7.14%, reporting an EPS of $-0.13 versus an estimate of $-0.14.

Revenue was down $104.24 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 10.47% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.20 -0.26 -0.26 -0.06
EPS Actual -0.12 -0.21 -0.31 -0.13
Revenue Estimate 41.75M 37.39M 53.09M 113.13M
Revenue Actual 41.12M 42.22M 44.73M 126.41M

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

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

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