Cidara Therapeutics Q4 EPS $(0.04) Beats $(0.10) Estimate, Sales $17.58M Beat $11.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cidara Therapeutics reported Q4 earnings with EPS of $(0.04), surpassing the $(0.10) estimate, and sales of $17.58M, exceeding the $11.54M estimate. This represents significant improvements over the previous year.
April 22, 2024 | 9:12 pm
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POSITIVE IMPACT
Cidara Therapeutics exceeded Q4 EPS and sales estimates, showing strong year-over-year growth.
Beating both EPS and sales estimates by significant margins indicates strong financial health and operational efficiency. This performance, especially when it shows substantial improvement over the previous year, is likely to positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100