Soligenix Q2 EPS $(0.22) Beats $(0.49) Estimate, Sales $200.00K Inline
Portfolio Pulse from Benzinga Newsdesk
Soligenix reported Q2 losses of $(0.22) per share, beating the analyst consensus estimate of $(0.49) by 55.1%. This is a 73.49% increase over losses from the same period last year. The company's quarterly sales of $200.00 thousand met the analyst consensus estimate, unchanged from the same period last year.
August 21, 2023 | 11:32 am
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Soligenix's Q2 earnings beat analyst estimates, which could positively impact the stock.
Soligenix reported better than expected Q2 earnings, which is typically a positive signal for the stock. The company's losses decreased significantly compared to the same period last year, and its sales met analyst estimates. This could lead to increased investor confidence and a potential rise in the stock price.
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