UroGen Pharma Q3 EPS $(0.68) Beats $(0.85) Estimate, Sales $20.85M Beat $20.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
UroGen Pharma (NASDAQ:URGN) reported Q3 earnings with a loss of $(0.68) per share, surpassing the $(0.85) estimate, and sales of $20.85M, exceeding the $20.03M estimate. This reflects a significant improvement over the previous year with a 39.82% decrease in losses and a 29.54% increase in sales.
November 14, 2023 | 1:09 pm
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UroGen Pharma reported better-than-expected Q3 earnings and sales, indicating a positive trend in financial performance compared to last year.
Beating earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term increase in stock price. The significant improvement in both earnings and sales compared to the same period last year further strengthens the case for a positive impact on UroGen Pharma's stock.
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