Equillium Q2 EPS $0.01 Beats $(0.15) Estimate, Sales $13.85M Beat $6.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equillium (NASDAQ:EQ) reported Q2 earnings of $0.01 per share, significantly beating the analyst estimate of $(0.15). Sales were $13.85M, also surpassing the $6.33M estimate. This marks a substantial improvement from the same period last year.
August 08, 2024 | 9:04 pm
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Equillium reported Q2 earnings of $0.01 per share, beating the analyst estimate of $(0.15) by 106.67%. Sales were $13.85M, surpassing the $6.33M estimate by 119.02%. This indicates strong financial performance and growth.
Equillium's earnings and sales significantly exceeded analyst expectations, indicating strong financial health and growth. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100