Palatin Technologies: Q4 Earnings Insights

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.

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.

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