Compugen Q1 2024 GAAP EPS $(0.08) Beats $(0.11) Estimate, Sales $2.559M Miss $6.213M Estimate
Portfolio Pulse from Benzinga Newsdesk
Compugen reported its Q1 2024 financial results with a GAAP EPS of $(0.08), beating the estimate of $(0.11). However, sales were $2.559 million, missing the estimate of $6.213 million.
May 20, 2024 | 11:03 am
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Compugen's Q1 2024 GAAP EPS of $(0.08) beat the estimate of $(0.11), but sales of $2.559 million missed the $6.213 million estimate.
While Compugen's earnings per share were better than expected, the significant miss on sales could create mixed reactions in the market. Investors may be concerned about the company's revenue generation capabilities despite the positive EPS surprise.
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