Transphorm (NASDAQ:TGAN) reported its Q4 earnings results on Tuesday, June 27, 2023 at 04:30 PM.

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

Earnings

Transphorm missed estimated earnings by 18.18%, reporting an EPS of $-0.13 versus an estimate of $-0.11.

Revenue was down $1.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 0.26% drop in the share price the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Transphorm management provided guidance for Q1 2024, expecting earnings between $-0.13 and $-0.1 per share.

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

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