BGRY - Berkshire Grey GAAP EPS of -$0.12 beats by $0.03 revenue of $23.45M beats by $14.83M
- Berkshire Grey press release ( NASDAQ: BGRY ): Q2 GAAP EPS of -$0.12 beats by $0.03 .
- Revenue of $23.45M (+421.1% Y/Y) beats by $14.83M .
- The company expects revenue of approximately $70M-80M for 2022 vs. consensus of $89.63M.
- The updated estimate for 2022 revenue reflects the company’s expectation that one of its projects with a large customer will be delayed. Berkshire Grey and this customer are discussing changes in the project schedule and an expanded scope for the project which has the potential to increase Berkshire Grey’s overall opportunity with this customer in 2023 and beyond.
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Berkshire Grey GAAP EPS of -$0.12 beats by $0.03, revenue of $23.45M beats by $14.83M