Verrica Pharmaceuticals Q2 Adj $(0.31) Beats $(0.42) Estimate, Sales $5.18M Beat $4.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Verrica Pharmaceuticals (NASDAQ: VRCA) reported better-than-expected Q2 results with a loss of $(0.31) per share, beating the $(0.42) estimate, and sales of $5.18 million, surpassing the $4.37 million estimate. This marks a significant improvement in both earnings and sales compared to the same period last year.
August 14, 2024 | 11:47 am
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Verrica Pharmaceuticals reported Q2 losses of $(0.31) per share, beating the $(0.42) estimate, and sales of $5.18 million, surpassing the $4.37 million estimate. This indicates a significant improvement in both earnings and sales compared to the same period last year.
The better-than-expected earnings and sales figures are likely to positively impact VRCA's stock price in the short term. Beating both earnings and sales estimates by significant margins suggests strong operational performance and could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100