Recap: Clene Q2 Earnings

  Clene (NASDAQ:CLNN) reported its Q2 earnings results on Monday, August 15, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

 

Clene (NASDAQ:CLNN) reported its Q2 earnings results on Monday, August 15, 2022 at 07:00 AM.

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

Earnings

Clene beat estimated earnings by 65.0%, reporting an EPS of $-0.07 versus an estimate of $-0.2.

Revenue was down $166 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 4.58% drop in the share price the next day.

Here’s a look at Clene’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.19 -0.17 -0.20 -0.15
EPS Actual -0.21 0.07 0.42 -0.05
Revenue Estimate 120K 90K 90K 60K
Revenue Actual 30K 199K 110K 201K

Listen to the earnings announcement yourself by clicking here.

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

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

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