Recap: Bioventus Q1 Earnings

Bioventus BVS reported its Q1 earnings results on Tuesday, May 16, 2023 at 04:00 PM.

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

Earnings

Bioventus missed estimated earnings by 73.33%, reporting an EPS of $-0.26 versus an estimate of $-0.15.

Revenue was up $1.77 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 11.57% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.05 0.12 0.16 0.05
EPS Actual -0.06 0.06 0.10 0.04
Revenue Estimate 132.70M 141.59M 138.33M 117.69M
Revenue Actual 125.83M 128.66M 140.33M 117.29M

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

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

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