Delcath Systems Q4 GAAP EPS $(0.48) Beats $(0.51) Estimate, Sales $539.00K Miss $540.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Delcath Systems (NASDAQ:DCTH) reported Q4 GAAP EPS of $(0.48), beating estimates by 5.88% but saw a 15.65% decrease in sales year-over-year, missing estimates by 0.19%.
March 26, 2024 | 11:31 am
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Delcath Systems reported a smaller than expected quarterly loss and a slight miss on sales estimates.
While Delcath Systems beat EPS estimates, indicating operational efficiency or cost control, the miss on sales forecasts could raise concerns about revenue growth. The mixed results present a neutral outlook in the short term as the positive EPS surprise is offset by the slight miss in sales.
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