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Recap: Switch Q2 Earnings

Benzinga Real-time News ·  Aug 8, 2022 23:30

Switch (NYSE:SWCH) reported its Q2 earnings results on Monday, August 8, 2022 at 04:05 PM.

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

Earnings

Switch missed estimated earnings by 66.67%, reporting an EPS of $0.02 versus an estimate of $0.06.

Revenue was up $26.50 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 9.07% increase in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.06 0.04 0.04 0.05
EPS Actual 0.04 0.03 0.01 0.04
Revenue Estimate 163.63M 162.37M 159.78M 134.54M
Revenue Actual 164.61M 161.38M 158.10M 141.69M

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

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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