Palatin Techs (AMEX:PTN) reported its Q3 earnings results on Tuesday, May 16, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Palatin Techs missed estimated earnings by 61.54%, reporting an EPS of $-0.63 versus an estimate of $-0.39.
Revenue was up $979 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 8.54% drop in the share price the next day.
Here’s a look at Palatin Techs’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.70 | -1.19 | -0.81 | -0.75 |
| EPS Actual | -0.66 | -0.86 | -1.34 | -0.75 |
| Revenue Estimate | 1.61M | 790K | 220K | 350K |
| Revenue Actual | 1.03M | 869K | 770K | 216K |
To track all earnings releases for Palatin Techs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
