Sol-Gel Technologies (NASDAQ:SLGL) reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Sol-Gel Technologies beat estimated earnings by 8.7%, reporting an EPS of $-0.21 versus an estimate of $-0.23.
Revenue was down $48 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 9.66% drop in the share price the next day.
Here’s a look at Sol-Gel Technologies’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.25 | -0.21 | -0.12 | -0.07 |
| EPS Actual | -0.22 | -0.41 | -0.25 | -0.15 |
| Revenue Estimate | 1.55M | 470K | 1.84M | 3.42M |
| Revenue Actual | 594K | 758K | 100K | 261K |
To track all earnings releases for Sol-Gel Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
