MeiraGTx Hldgs: Q3 Earnings Insights

MeiraGTx Hldgs (NASDAQ:MGTX) reported its Q3 earnings results on Tuesday, November 14, 2023 at 08:00 AM. Here’s what…

MeiraGTx Hldgs (NASDAQ:MGTX) reported its Q3 earnings results on Tuesday, November 14, 2023 at 08:00 AM.

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

Earnings

MeiraGTx Hldgs missed estimated earnings by 34.55%, reporting an EPS of $-0.74 versus an estimate of $-0.55.

Revenue was up $287 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.17% increase in the share price the next day.

Here’s a look at MeiraGTx Hldgs’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.56 -0.66 -0.49 -0.58
EPS Actual -0.53 -0.62 -0.58 -0.83
Revenue Estimate 4.17M 4.86M 8.92M 10.73M
Revenue Actual 3.54M 3.33M -5M 4.82M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for MeiraGTx Hldgs visit their earnings calendar here.

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

Total
0
Shares
Related Posts
Read More

US Stocks On Track To Pause As Recent Gains, Data-Heavy Week Render Mood Cautious: Why This Analyst Thinks Market Will Chug Along Into Year-End

U.S. stocks could stall at the start of the new trading week as they come off a week when all three major averages advanced solidly. Trading in the index futures points to a modestly lower opening as investors look ahead to a data-heavy week that would offer more cues on inflation, growth, the state of the housing market, and the direction of monetary policy.

BTC