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MedAvail Holdings MDVL reported its Q2 earnings results on Thursday, August 11, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
MedAvail Holdings beat estimated earnings by 34.62%, reporting an EPS of $-0.17 versus an estimate of $-0.26.
Revenue was up $6.15 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 9.52% drop in the share price the next day.
Here’s a look at MedAvail Holdings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.36 | -0.35 | -0.32 | -0.30 |
| EPS Actual | -0.40 | -0.38 | -0.34 | -0.32 |
| Revenue Estimate | 8.89M | 6.92M | 5.53M | 4.80M |
| Revenue Actual | 9.11M | 7.28M | 5.79M | 5.03M |
To track all earnings releases for MedAvail 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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Image and article originally from www.benzinga.com. Read the original article here.