Longeveron (NASDAQ:LGVN) reported its Q1 earnings results on Friday, May 12, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Longeveron missed estimated earnings by 4.76%, reporting an EPS of $-0.22 versus an estimate of $-0.21.
Revenue was down $91 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 11.49% drop in the share price the next day.
Here’s a look at Longeveron’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.21 | -0.23 | -0.22 |
| EPS Actual | -0.21 | -0.25 | -0.27 | -0.17 |
| Revenue Estimate | 400K | 200K | 200K | 250K |
| Revenue Actual | 121K | 265K | 466K | 370K |
To track all earnings releases for Longeveron visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
