Geron Q1 2024 GAAP EPS $(0.09) Beats $(0.10) Estimate, Sales $304.000K Beat $24.714K Estimate
Portfolio Pulse from Benzinga Newsdesk
Geron (NASDAQ:GERN) reported Q1 2024 earnings with a GAAP EPS of $(0.09), surpassing the $(0.10) estimate, and sales of $304,000, significantly beating the $24,714 estimate. This represents a substantial increase in sales compared to the same period last year.

May 02, 2024 | 11:04 am
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Geron's Q1 2024 earnings outperformed estimates with an EPS of $(0.09) and sales of $304,000, indicating strong financial performance.
Beating both EPS and sales estimates significantly, especially with a 1.35K percent increase in sales year-over-year, suggests a strong financial performance and operational efficiency. This is likely to instill investor confidence and could lead to a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100