Delcath Systems Q2 2024 GAAP EPS $(0.48) Misses $(0.36) Estimate, Sales $7.766M Beat $5.226M Estimate
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Delcath Systems (NASDAQ:DCTH) reported Q2 2024 GAAP EPS of $(0.48), missing the $(0.36) estimate, but sales of $7.766M beat the $5.226M estimate. EPS improved by 17.24% YoY, and sales surged by 1.47K% YoY.
August 05, 2024 | 8:11 pm
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Delcath Systems reported Q2 2024 GAAP EPS of $(0.48), missing the $(0.36) estimate, but sales of $7.766M beat the $5.226M estimate. EPS improved by 17.24% YoY, and sales surged by 1.47K% YoY.
Despite missing EPS estimates, Delcath Systems showed significant improvement in EPS YoY and a substantial increase in sales, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100