T2 Biosystems (NASDAQ:TTOO) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
T2 Biosystems beat estimated earnings by 22.22%, reporting an EPS of $-0.07 versus an estimate of $-0.09.
Revenue was up $808.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 3.57% drop in the share price the next day.
Here's a look at T2 Biosystems's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.08 | -0.07 | -0.07 |
| EPS Actual | -0.08 | -0.08 | -0.07 | -0.07 |
| Revenue Estimate | 5.68M | 6.12M | 6.44M | 7.96M |
| Revenue Actual | 7.43M | 6.69M | 6.96M | 7.79M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
