Rubicon Technologies Q1 EPS $(0.05) Beats $(0.30) Estimate, Sales $181.10M Beat $165.19M Estimate
Portfolio Pulse from Happy Mohamed
Rubicon Technologies (NYSE:RBT) reported Q1 losses of $(0.05) per share, beating the $(0.30) estimate by 83.33%. Sales reached $181.10M, surpassing the $165.19M estimate by 9.63%.
May 22, 2023 | 8:17 pm
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Rubicon Technologies' Q1 earnings beat estimates with losses of $(0.05) per share and sales of $181.10M.
Rubicon Technologies reported better-than-expected Q1 earnings, with losses of $(0.05) per share, significantly beating the $(0.30) estimate. Sales also exceeded expectations at $181.10M, surpassing the $165.19M estimate. This positive financial performance is likely to have a short-term positive impact on RBT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100