Agrify (NASDAQ:AGFY) reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Agrify missed estimated earnings by 9.09%, reporting an EPS of $-0.36 versus an estimate of $-0.33.
Revenue was up $19.01 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 0.5% increase in the share price the next day.
Here's a look at Agrify's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.30 | -0.24 | -0.31 |
| EPS Actual | -0.36 | -0.47 | -0.28 | -0.33 |
| Revenue Estimate | 27.84M | 13.91M | 9.92M | 5.80M |
| Revenue Actual | 25.27M | 15.75M | 11.82M | 7.01M |
To track all earnings releases for Agrify visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
