NexGel Q3 EPS $(0.10) Up From $(0.22) YoY, Sales $1.22M Up From $568.00K YoY
Portfolio Pulse from bharat@benzinga.com
NexGel (NASDAQ:NXGL) reported a narrower Q3 loss of $(0.10) per share compared to $(0.22) per share in the same quarter last year, showing a 54.55% improvement. Sales for the quarter increased by 114.96% to $1.22 million from $568.00 thousand in the same period last year.
November 13, 2023 | 9:32 pm
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NexGel reported a 54.55% decrease in losses per share and a 114.96% increase in sales for Q3 compared to the same period last year.
The significant improvement in both earnings per share and sales suggests a positive outlook for NexGel, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100