Nektar Therapeutics Q4 2023 GAAP EPS $(0.22) Beats $(0.23) Estimate, Sales $23.89M Beat $18.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nektar Therapeutics (NASDAQ:NKTR) reported Q4 2023 earnings with a GAAP EPS of $(0.22), surpassing the $(0.23) estimate. Sales reached $23.89M, exceeding the $18.05M forecast, marking an 8.45% increase from the previous year.
March 04, 2024 | 9:24 pm
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Nektar Therapeutics reported better-than-expected Q4 2023 earnings, with EPS and sales surpassing estimates and showing year-over-year growth.
Nektar Therapeutics' Q4 earnings report exceeded analyst expectations in both EPS and sales, indicating a positive financial performance. The beat on both the top and bottom lines, coupled with a year-over-year sales increase, suggests a strong quarter for the company. This is likely to be viewed positively by investors, potentially leading to a short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100