Is This Nvidia's Next Big Invention?

Nvidia helped trigger a historic AI boom that minted 600,000 millionaires in America. It's now working on a new tech that could be even bigger than AI. According to Bank of America, "this [technology] could be the biggest revolution for humanity since discovering fire."

NeoGenomics: Q2 Earnings Insights

Benzinga Insights
August 12, 2022

 

NeoGenomics (NASDAQ:NEO) reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

NeoGenomics beat estimated earnings by 27.27%, reporting an EPS of $-0.16 versus an estimate of $-0.22.

Revenue was up $3.35 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 6.61% drop in the share price the next day.

Here's a look at NeoGenomics's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.22 -0.23 -0.14 -0.09 -0.06
EPS Actual -0.16 -0.20 -0.14 -0.08 -0.01
Revenue Estimate 123.37M 116.68M 125.78M 125.05M 118.16M
Revenue Actual 125.07M 117.17M 125.73M 121.34M 121.72M

To track all earnings releases for NeoGenomics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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