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Recap: Surgalign Holdings Q1 Earnings

Surgalign Holdings (NASDAQ:SRGA) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

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

Earnings

Surgalign Holdings beat estimated earnings by 30.0%, reporting an EPS of $-0.07 versus an estimate of $-0.1.

Revenue was down $2.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.82% drop in the share price the next day.

Here's a look at Surgalign Holdings's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.11 -0.09 -0.12 -0.13
EPS Actual -0.11 -0.12 -0.09 -0.12
Revenue Estimate 20.71M 22.28M 24.80M 23.39M
Revenue Actual 21.83M 20.55M 24.83M 23.29M

To track all earnings releases for Surgalign Holdings visit their earnings calendar here.

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

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