Palatin Technologies (AMEX:PTN) reported its Q4 earnings results on Thursday, September 22, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Palatin Technologies missed estimated earnings by 65.43%, reporting an EPS of $-1.34 versus an estimate of $-0.81.
Revenue was up $595 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 7.31% drop in the share price the next day.
Here’s a look at Palatin Technologies’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.75 | -0.75 | -0.75 | -0.75 |
| EPS Actual | -0.75 | -1 | -0.75 | -1.50 |
| Revenue Estimate | 350K | 240K | 80K | 870K |
| Revenue Actual | 216K | 322K | 159K | 175K |
To track all earnings releases for Palatin Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.