SeaSpine Holdings (NASDAQ:SPNE) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
SeaSpine Holdings missed estimated earnings by 28.57%, reporting an EPS of $-0.45 versus an estimate of $-0.35.
Revenue was up $8.74 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 4.48% drop in the share price the next day.
Here's a look at SeaSpine Holdings's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.35 | -0.31 | -0.32 | -0.33 |
| EPS Actual | -0.52 | -0.48 | -0.16 | -0.46 |
| Revenue Estimate | 54.85M | 47.82M | 45.88M | 40.23M |
| Revenue Actual | 55.59M | 46.45M | 47.46M | 41.95M |
To track all earnings releases for SeaSpine Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
