ADMA Biologics Q1 2024 GAAP EPS $0.08 Beats $0.05 Estimate, Sales $81.875M Beat $77.275M Estimate
Portfolio Pulse from Benzinga Newsdesk
ADMA Biologics reported Q1 2024 earnings of $0.08 per share, surpassing the $0.05 estimate, marking a 366.67% increase from last year. Sales reached $81.875M, beating the $77.275M estimate, a 43.86% increase from the previous year.
May 09, 2024 | 8:28 pm
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ADMA Biologics exceeded Q1 2024 earnings and sales estimates, showing strong year-over-year growth.
ADMA Biologics' earnings and sales for Q1 2024 significantly exceeded analyst expectations, indicating strong financial health and operational efficiency. The substantial year-over-year growth in both earnings and sales suggests improved profitability and market position, which is likely to positively influence investor sentiment and stock price in the short term.
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