Clearside Biomedical Q4 2023 Adj EPS $(0.08) Beats $(0.09) Estimate, Sales $6.30M Beat $4.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clearside Biomedical (NASDAQ:CLSD) reported Q4 2023 adjusted EPS of $(0.08), surpassing the $(0.09) estimate, with sales of $6.30M exceeding the $4.43M estimate, marking a 1.81K% increase from the previous year.
March 12, 2024 | 8:17 pm
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Clearside Biomedical reported a significant beat on both EPS and sales estimates for Q4 2023, with a remarkable year-over-year sales growth.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially leading to a short-term stock price increase. The substantial year-over-year sales growth further underscores the company's strong performance and may attract more investor interest.
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