Pharming Q4 EPS $0.00 Up From $(0.02) YoY, Sales $81.20M Up From $54.62M YoY
Portfolio Pulse from Benzinga Newsdesk
Pharming (NASDAQ:PHAR) reported a significant improvement in its Q4 earnings, with EPS at $0.00, up from a loss of $(0.02) YoY. Sales also saw a substantial increase, reaching $81.20M, up 48.66% from $54.62M YoY.
March 14, 2024 | 6:07 am
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Pharming reported a significant improvement in Q4 earnings, with EPS at $0.00, up from a loss of $(0.02) YoY, and sales increasing by 48.66% to $81.20M.
The significant improvement in both earnings per share (EPS) and sales indicates a strong financial performance by Pharming. The transition from a loss to a break-even in EPS, coupled with a nearly 49% increase in sales, suggests operational efficiency and market growth. This positive financial report is likely to instill investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100