Geron Q2 2024 GAAP EPS $(0.10), Inline, Sales $780.000K Beat $274.857K Estimate
Portfolio Pulse from Benzinga Newsdesk
Geron (NASDAQ: GERN) reported Q2 2024 GAAP EPS of $(0.10), meeting analyst expectations. The company achieved quarterly sales of $780.000K, significantly surpassing the $274.857K estimate and marking a 2.59K percent increase from the same period last year.
August 08, 2024 | 11:17 am
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Geron reported Q2 2024 GAAP EPS of $(0.10), in line with expectations. Sales were $780.000K, beating estimates by 183.78% and increasing 2.59K% YoY.
The significant beat on sales and the massive year-over-year increase in revenue are likely to positively impact Geron's stock price in the short term, despite the EPS being in line with expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100