Delcath Systems, Inc. (DCTH) Reports Q3 Loss
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Delcath Systems, Inc. (DCTH) reported a Q3 loss of $0.03 per share, which was better than the Zacks Consensus Estimate of a $0.13 loss. This is an improvement from the $0.61 loss per share reported a year ago.
November 08, 2024 | 3:30 pm
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Delcath Systems, Inc. reported a Q3 loss of $0.03 per share, outperforming the Zacks Consensus Estimate of a $0.13 loss. This marks a significant improvement from the $0.61 loss per share a year ago.
The better-than-expected earnings report is likely to have a positive impact on DCTH's stock price in the short term. The significant improvement from the previous year's loss indicates potential operational improvements or cost management, which investors may view favorably.
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