AEterna Zentaris Q4 2023 GAAP EPS $(1.16) Misses $(0.97) Estimate, Sales $100.000K Down From $2.485M YoY
Portfolio Pulse from Benzinga Newsdesk
AEterna Zentaris reported Q4 2023 GAAP EPS of $(1.16), missing the $(0.97) estimate, with sales of $100K, a 95.98% decrease from $2.485M YoY.
March 27, 2024 | 12:10 pm
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AEterna Zentaris reported a significant miss in Q4 2023 earnings and a sharp decline in sales compared to the previous year.
The significant miss in both earnings per share and the sharp decline in sales year-over-year are likely to negatively impact investor sentiment and the stock price in the short term. The magnitude of the miss and sales decline indicates underlying challenges that could affect future performance.
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IMPORTANCE 90
RELEVANCE 100