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Akerna KERN reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Akerna missed estimated earnings by 25.0%, reporting an EPS of $-0.15 versus an estimate of $-0.12.
Revenue was up $1.18 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 14.24% drop in the share price the next day.
Here’s a look at Akerna’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.14 | -0.15 | |
| EPS Actual | -0.20 | -0.16 | -0.06 | -0.25 |
| Revenue Estimate | 6.20M | 6.15M | 5.13M | 4.35M |
| Revenue Actual | 6.95M | 6.63M | 5.14M | 4.91M |
To track all earnings releases for Akerna visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.