DarioHealth DRIO reported its Q1 earnings results on Thursday, May 11, 2023 at 06:06 AM.
Here's what investors need to know about the announcement.
Earnings
DarioHealth beat estimated earnings by 10.0%, reporting an EPS of $-0.45 versus an estimate of $-0.5.
Revenue was down $993 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 9.91% drop in the share price the next day.
Here's a look at DarioHealth's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.65 | -0.76 | -0.71 | -0.96 |
| EPS Actual | -0.51 | -0.64 | -0.74 | -0.74 |
| Revenue Estimate | 6.29M | 6.23M | 8.23M | 6.87M |
| Revenue Actual | 6.80M | 6.61M | 6.18M | 8.06M |
To track all earnings releases for DarioHealth visit their earnings calendar here.
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Posted In: EarningsBZI-Recaps