Recap: Dare Bioscience Q4 Earnings
Portfolio Pulse from Benzinga Insights
Dare Bioscience (NASDAQ:DARE) reported Q4 earnings, beating estimates with an EPS of $-0.06 against an expected $-0.1. Revenue increased by $1.81 million year-over-year. The company had previously beaten EPS estimates last quarter, which was followed by a stable share price the next day.
March 28, 2024 | 2:25 pm
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Dare Bioscience reported a significant beat on Q4 earnings estimates and showed a notable increase in revenue compared to the same period last year.
Beating earnings estimates typically generates positive investor sentiment, potentially leading to an increase in stock price. The significant beat and revenue increase are likely to be viewed positively by the market, especially given the company's history of beating EPS estimates and the subsequent stable share price movement.
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