Journey Medical Q3 2023 Adj EPS $0.99 Beats $(0.15) Estimate, Sales $34.54M Beat $16.88M Estimate
Portfolio Pulse from vinayak@benzinga.com
Journey Medical (NASDAQ:DERM) reported Q3 2023 earnings of $0.99 per share, beating the analyst consensus estimate of $(0.15) by 760 percent. This is a 530.43 percent increase over losses of $(0.23) per share from the same period last year. The company also reported quarterly sales of $34.54 million, beating the analyst consensus estimate of $16.88 million by 104.61 percent, a 114.31 percent increase over sales of $16.12 million the same period last year.

November 07, 2023 | 9:30 pm
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POSITIVE IMPACT
Journey Medical's Q3 2023 earnings and sales significantly beat estimates, indicating strong financial performance.
Journey Medical's Q3 2023 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100