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Clever Leaves Holdings: Q3 Earnings Insights

Author: Benzinga Insights | November 09, 2023 05:20pm

Clever Leaves Holdings (NASDAQ:CLVR) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.

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

Earnings

Clever Leaves Holdings missed estimated earnings by 54.76%, reporting an EPS of $-3.25 versus an estimate of $-2.1.

Revenue was up $515 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 1.67% increase in the share price the next day.

Here's a look at Clever Leaves Holdings's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -2.7 -4.5 -4.5 -5.1
EPS Actual -2.4 -2.7 -3.9 -0.9
Revenue Estimate 5.00M 3.60M 4.15M 5.50M
Revenue Actual 4.98M 3.98M 4.61M 3.31M

To track all earnings releases for Clever Leaves Holdings visit their earnings calendar here.

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

Posted In: CLVR

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