NexGel Sees Q3 Revenue $2.2M Vs $1.405M Est.
Portfolio Pulse from Benzinga Newsdesk
NexGel reported Q3 revenue of $2.2 million, significantly higher than the estimated $1.405 million.
August 14, 2024 | 8:28 pm
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POSITIVE IMPACT
NexGel reported Q3 revenue of $2.2 million, significantly higher than the estimated $1.405 million.
The significant revenue beat is likely to positively impact NexGel's stock price in the short term as it indicates stronger than expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100