Rubicon Technologies: Q3 Earnings Insights

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Rubicon Technologies RBT reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:10 PM.

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

Earnings

Rubicon Technologies beat estimated earnings by 31.45%, reporting an EPS of $-0.85 versus an estimate of $-1.24.

Revenue was down $13.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.12 which was followed by a 13.56% drop in the share price the next day.

Here's a look at Rubicon Technologies's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -2.08 -2.4 -1.20 -1.04
EPS Actual -0.96 -0.4 -1.92 -2.96
Revenue Estimate 175.78M 165.19M 197.48M 176.81M
Revenue Actual 174.56M 181.10M 165.99M 184.98M

To track all earnings releases for Rubicon Technologies visit their earnings calendar here.

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

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Posted In: EarningsBZI-Recaps
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