BioXcel Therapeutics Q2 2024 GAAP EPS $(0.21) Beats $(0.77) Estimate, Sales $1.104M Beat $759.200K Estimate
Portfolio Pulse from Benzinga Newsdesk
BioXcel Therapeutics reported its Q2 2024 financial results, with a GAAP EPS of $(0.21), beating the estimate of $(0.77). The company's sales were $1.104 million, surpassing the expected $759.200K.
August 06, 2024 | 11:06 am
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BioXcel Therapeutics reported better-than-expected Q2 2024 financial results, with a GAAP EPS of $(0.21) beating the estimate of $(0.77) and sales of $1.104 million surpassing the expected $759.200K.
The better-than-expected earnings and sales figures are likely to positively impact BioXcel Therapeutics' stock price in the short term. Investors often react favorably to companies that exceed financial expectations.
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IMPORTANCE 80
RELEVANCE 100