Humacyte: Q3 Earnings Insights

Humacyte (NASDAQ:HUMA) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM. Here’s what investors…

Humacyte (NASDAQ:HUMA) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.

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

Earnings

Humacyte reported in-line EPS of $-0.25 versus an estimate of $-0.25.

Revenue was down $31 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 10.89% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.22 -0.21 -0.23 -0.21
EPS Actual -0.22 -0.36 -0.04 -0.25
Revenue Estimate 70K 170K 200K 200K
Revenue Actual 0 0 0 31K

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

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

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