EyePoint Pharmaceuticals Q1 2024 GAAP EPS $(0.55) Misses $(0.42) Estimate, Sales $11.684M Beat $9.986M Estimate
Portfolio Pulse from Benzinga Newsdesk
EyePoint Pharmaceuticals reported its Q1 2024 earnings with a GAAP EPS of $(0.55), missing the $(0.42) estimate. However, its sales of $11.684M exceeded the $9.986M estimate.
May 08, 2024 | 11:17 am
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EyePoint Pharmaceuticals Q1 2024 earnings missed EPS estimates but beat sales forecasts.
The miss in EPS may concern investors about profitability, but the beat in sales could indicate stronger demand or market share than expected, balancing short-term stock impact.
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