Recap: Candel Therapeutics Q3 Earnings

Candel Therapeutics (NASDAQ:CADL) reported its Q3 earnings results on Thursday, November 9, 2023 at 08:00 AM. Here’s what…

Candel Therapeutics (NASDAQ:CADL) reported its Q3 earnings results on Thursday, November 9, 2023 at 08:00 AM.

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

Earnings

Candel Therapeutics missed estimated earnings by 52.63%, reporting an EPS of $-0.29 versus an estimate of $-0.19.

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

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 8.49% increase in the share price the next day.

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

To track all earnings releases for Candel Therapeutics visit their earnings calendar here.

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

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