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Recap: SomaLogic Q3 Earnings

Author: Benzinga Insights | November 08, 2023 05:35pm

SomaLogic (NASDAQ:SLGC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

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

Earnings

SomaLogic beat estimated earnings by 29.41%, reporting an EPS of $-0.12 versus an estimate of $-0.17.

Revenue was down $19.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 6.4% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.16 -0.22 -0.21 -0.20
EPS Actual -0.13 -0.18 -0.26 -0.18
Revenue Estimate 19.82M 18.02M 16.55M 20.07M
Revenue Actual 20.47M 20.38M 18.83M 41.71M

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

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

Posted In: SLGC

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