META MATERIALS INC (MMAT) Earnings History & Surprises

NASDAQ:MMATUS59134N3026

Current stock price

0.5258 USD
-0.11 (-17.84%)
At close:
0.5013 USD
-0.02 (-4.66%)
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MMAT Earnings overview

Past quarterly earnings results for META MATERIALS INC (MMAT), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
N/A
Period
Q2 / 2024
EPS Estimate
-$2.04
Revenue Estimate
6.426M

Last Reported

Most Recent
Release Date
Mar 28, 2024
Period
Q1 / 2024
EPS Reported
-$1.17
EPS Surprise
42.65%
Revenue Surprise
-17.80%

Beat Rate

Last 8 Quarters
38%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q1 2024 -1.17 -2.04 42.65% 76.60% 3.27M 3.978M -17.80% 131.54%
Q4 2023 -0.60 -3.06 80.39% 85.00% 1.698M 3.162M -46.31% 17.42%
Q3 2023 -2.00 -2.55 21.57% -2,757.14% 2.2M 2.55M -13.72% -10.42%
Q2 2023 -2.00 -2.55 21.57% -2,757.14% 2.031M 2.597M -21.79% -38.89%
Q1 2023 -5.00 -4.42 -13.13% -8,233.33% 1.412M 3.338M -57.69% -52.52%
Q4 2022 -4.00 -6.38 37.25% -2,976.92% 1.446M 2.882M -49.84% -36.85%
Q3 2022 -0.07 -0.05 -47.05% -75.00% 2.456M 3.692M -33.48% 328.92%
Q2 2022 -0.07 -0.05 -47.05% -133.33% 3.324M 3.142M 5.78% 432.39%
Q1 2022 -0.06 -0.02 -152.14% - 2.975M 2.723M 9.24% 398.86%
Q4 2021 -0.13 -0.02 -749.67% - 2.289M 2.397M -4.49% 142,981.25%
Q3 2021 -0.04 - - 572.6K - 828.04%
Q2 2021 -0.03 - - 624.3K - 1,272.09%
Q1 2021 - - 596.3K - 604.85%
Q4 2020 - - 1.6K - -
Q3 2020 - - 61.7K - -
Q2 2020 - - 45.5K - -
Q1 2020 - - 84.6K - -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MMAT EPS Q2Q GrowthMMAT EPS Q2Q GrowthEPS Q2Q Growth Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 -2K -4K -6K -8K

Revenue Historical Q2Q growth and Acceleration

MMAT Revenue Q2Q GrowthMMAT Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 50K 100K

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
41.54%
Max EPS beat (4)
80.39%
Min EPS beat (4)
21.57%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-24.91%
Max Revenue beat (4)
-13.72%
Min Revenue beat (4)
-46.31%

Analysis

In the last 4 quarters, MMAT has consistently beaten EPS estimates in all releases
MMAT has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, MMAT has beaten the EPS estimates by 41.5% on average.
In the last 4 quarters, MMAT reported -24.9% below the revenue estimates on average.

META MATERIALS INC / MMAT Earnings FAQ

What is the most recent earnings date for MMAT stock?

META MATERIALS INC (MMAT) last reported earnings on 3/28/2024.

Did META MATERIALS INC (MMAT) beat earnings estimates last quarter?

META MATERIALS INC (MMAT) beat EPS estimates and missed revenue estimates in the most recent quarter.

How often does META MATERIALS INC (MMAT) beat earnings estimates?

In the last 4 quarters, META MATERIALS INC (MMAT) has beaten EPS estimates in 4 out of 4 releases.