Liquidia Q2 EPS $(0.36) Misses $(0.16) Estimate, Sales $4.79M Beat $4.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidia (NASDAQ:LQDA) reported Q2 losses of $(0.36) per share, missing the analyst consensus estimate of $(0.16) by 125%. This is a 140% decrease from the same period last year. However, the company reported quarterly sales of $4.79 million, beating the analyst consensus estimate of $4.43 million by 8.04%. This is a 22.15% increase from the same period last year.
August 10, 2023 | 10:07 am
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Liquidia's Q2 earnings report shows a significant miss on EPS but a beat on sales. This mixed result could lead to uncertainty in the market.
Liquidia's earnings per share (EPS) missed the analyst consensus estimate by a significant margin, which could negatively impact the stock price. However, the company beat sales estimates, which could offset some of the negative impact. The mixed results could lead to uncertainty and volatility in the stock price.
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