PDS Biotechnology Q4 EPS $(0.35) Beats $(0.44) Estimate; Cash Balance $56.6M
Portfolio Pulse from Benzinga Newsdesk
PDS Biotechnology (NASDAQ:PDSB) reported a Q4 EPS loss of $(0.35), surpassing the $(0.44) analyst consensus estimate. This represents a 47.76% improvement over the previous year's $(0.67) per share loss. The company's cash balance stands at $56.6M.
March 27, 2024 | 11:38 am
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POSITIVE IMPACT
PDS Biotechnology reported a smaller than expected Q4 EPS loss and showed significant improvement over the previous year's performance. The company's cash balance remains robust.
Beating the EPS estimate and showing a significant year-over-year improvement in losses are positive indicators for investors, suggesting operational efficiency and potential for future growth. The strong cash balance provides further stability and investment potential.
CONFIDENCE 90
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RELEVANCE 100