Delcath Systems Q3 EPS $(1.14) Misses $(0.52) Estimate, Sales $434.00K Miss $680.00K Estimate
Portfolio Pulse from bharat@benzinga.com
Delcath Systems (NASDAQ:DCTH) reported a Q3 EPS loss of $(1.14), significantly missing the $(0.52) estimate, and sales of $434.00K, which also fell short of the $680.00K estimate. Compared to the same period last year, EPS decreased by 23.91% and sales dropped by 52.10%.
November 13, 2023 | 9:23 pm
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Delcath Systems reported a Q3 EPS loss of $(1.14) and sales of $434.00K, missing estimates and showing a year-over-year decline.
The significant miss in both EPS and sales compared to analyst estimates, along with a substantial year-over-year decline, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100