Affimed: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Affimed (NASDAQ:AFMD) reported Q1 earnings with an EPS of $-0.22, missing estimates by 4.76%. Revenue was down $4.15 million from the same period last year. Last quarter, the company missed EPS by $0.01, resulting in a 5.81% drop in share price the next day.
May 23, 2023 | 10:40 am
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NEGATIVE IMPACT
Affimed's Q1 earnings missed estimates with an EPS of $-0.22 and a revenue decline of $4.15 million YoY. Last quarter's miss resulted in a 5.81% share price drop.
Affimed missed Q1 earnings estimates and reported a decline in revenue compared to the same period last year. This negative performance, combined with the fact that the company's share price dropped 5.81% after missing estimates last quarter, suggests that the stock price is likely to go down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100