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Recap: Delcath Systems Q3 Earnings

Delcath Systems (NASDAQ:DCTH) reported its Q3 earnings results on Monday, November 13, 2023 at 04:05 PM. Here’s what…
byBenzinga Insights
November 13, 2023
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Delcath Systems (NASDAQ:DCTH) reported its Q3 earnings results on Monday, November 13, 2023 at 04:05 PM.

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

Earnings

Delcath Systems missed estimated earnings by 119.23%, reporting an EPS of $-1.14 versus an estimate of $-0.52.

Revenue was down $472 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 16.54% drop in the share price the next day.

Here’s a look at Delcath Systems’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.60 -0.61 -0.76 -0.98
EPS Actual -0.58 -0.77 -0.86 -0.92
Revenue Estimate 740K 770K 810K 800K
Revenue Actual 495K 597K 639K 906K

To track all earnings releases for Delcath Systems visit their earnings calendar here.

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

 
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