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Recap: CION Invt Q3 Earnings

Author: Benzinga Insights | November 09, 2023 07:15am

CION Invt (NYSE:CION) reported its Q3 earnings results on Thursday, November 9, 2023 at 08:00 AM.

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

Earnings

CION Invt beat estimated earnings by 41.03%, reporting an EPS of $0.55 versus an estimate of $0.39.

Revenue was up $13.38 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 1.92% increase in the share price the next day.

Here's a look at CION Invt's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.45 0.37 0.35 0.31
EPS Actual 0.43 0.54 0.43 0.45
Revenue Estimate 58.65M 51.74M 49.39M 44.42M
Revenue Actual 58.50M 64.97M 55.50M 54.16M

To track all earnings releases for CION Invt visit their earnings calendar here.

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

Posted In: CION

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