Invitae (NYSE:NVTA) 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
Invitae missed estimated earnings by 2.63%, reporting an EPS of $-0.78 versus an estimate of $-0.76.
Revenue was up $20.07 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 12.66% increase in the share price the next day.
Here’s a look at Invitae’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.73 | -0.71 | -0.65 | -0.59 |
| EPS Actual | -0.81 | -0.81 | -0.85 | -0.63 |
| Revenue Estimate | 126.65M | 126.55M | 108.30M | 101.46M |
| Revenue Actual | 126.12M | 114.39M | 116.31M | 103.62M |
To track all earnings releases for Invitae visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
