Cybin: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Cybin (AMEX:CYBN) reported its Q4 earnings with an in-line EPS of $-0.05, the same as the estimate. The revenue was down $0 from the same period last year. Last quarter, the company beat the EPS by $0.02, which led to a 4.15% increase in the share price the next day.
June 27, 2023 | 9:20 pm
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Cybin's Q4 earnings were in line with estimates, and the company's past performance of beating EPS estimates led to a share price increase.
Cybin's Q4 earnings were as expected, which typically doesn't lead to significant stock price movements. However, the company's history of beating EPS estimates and the subsequent share price increase could make investors optimistic about future performance.
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