Equillium Q2 EPS $(0.10) Beats $(0.21) Estimate, Sales $9.12M Beat $8.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equillium (NASDAQ:EQ) reported Q2 earnings per share of $(0.10), beating the analyst consensus estimate of $(0.21) by 52.38%. This is a 75.61% increase over losses from the same period last year. The company also reported quarterly sales of $9.12 million, beating the analyst consensus estimate of $8.00 million by 14.05%.
August 09, 2023 | 8:41 pm
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Equillium's Q2 earnings and sales beat analyst estimates, which could lead to a positive short-term impact on the stock.
Equillium's Q2 earnings per share and sales both exceeded analyst estimates, which is typically seen as a positive sign by investors and could lead to an increase in the stock's price in the short term.
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