SCYNEXIS Q2 EPS $2.46 Beats $1.55 Estimate, Sales $131.50M Beat $95.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
SCYNEXIS (NASDAQ:SCYX) reported Q2 earnings of $2.46 per share, beating the analyst consensus estimate of $1.55 by 58.71%. This is a 893.55% increase from the same period last year. The company also reported quarterly sales of $131.50 million, beating the analyst consensus estimate of $95.45 million by 37.77%. This is a 9.84K% increase from the same period last year.
August 14, 2023 | 8:48 pm
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POSITIVE IMPACT
SCYNEXIS's Q2 earnings and sales significantly beat estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
SCYNEXIS's Q2 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive financial news could increase investor confidence in the company, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100