Synlogic: Q3 Earnings Insights

Synlogic SYBX reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.

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

Earnings

Synlogic beat estimated earnings by 3.75%, reporting an EPS of $-2.57 versus an estimate of $-2.67.

Revenue was down $285 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.45 which was followed by a 2.51% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -3.60 -3.30 -3.75 -3.45
EPS Actual -3.15 -3.45 -3.60 -3.75
Revenue Estimate 130K 150K 220K 90K
Revenue Actual 35K 174K 106K 678K

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

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

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