Switch (NYSE:SWCH) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Switch missed estimated earnings by 33.33%, reporting an EPS of $0.04 versus an estimate of $0.06.
Revenue was up $33.74 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 7.78% increase in the share price the next day.
Here's a look at Switch's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.04 | 0.05 | 0.04 |
| EPS Actual | 0.03 | 0.01 | 0.04 | 0.08 |
| Revenue Estimate | 162.37M | 159.78M | 134.54M | 128.83M |
| Revenue Actual | 161.38M | 158.10M | 141.69M | 130.87M |
To track all earnings releases for Switch visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
