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Heliogen: Q4 Earnings Insights

Benzinga ·  Mar 25 17:10

Heliogen (OTC:HLGN) reported its Q4 earnings results on Monday, March 25, 2024 at 04:05 PM.

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

Earnings

Heliogen missed estimated earnings by -16.0%, reporting an EPS of $-4.32 versus an estimate of $-3.72.

Revenue was down $5.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.49 which was followed by a 21.0% increase in the share price the next day.

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

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-3.62-3.15-5.25-5.25
EPS Actual-3.13-3.85-1.75-4.90
Revenue Estimate2.97M4.45M5.64M3.98M
Revenue Actual2.27M1.39M1.94M4.72M

To track all earnings releases for Heliogen 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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