Clene (NASDAQ:CLNN) reported its Q2 earnings results on Monday, August 15, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Clene beat estimated earnings by 65.0%, reporting an EPS of $-0.07 versus an estimate of $-0.2.
Revenue was down $166 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 4.58% drop in the share price the next day.
Here’s a look at Clene’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.17 | -0.20 | -0.15 |
| EPS Actual | -0.21 | 0.07 | 0.42 | -0.05 |
| Revenue Estimate | 120K | 90K | 90K | 60K |
| Revenue Actual | 30K | 199K | 110K | 201K |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Clene visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.