Assertio (ASRT) Reports Q3 Loss, Lags Revenue Estimates
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Assertio (ASRT) reported a Q3 loss of $0.03 per share, which was better than the Zacks Consensus Estimate of a $0.05 loss. However, this is a decline from last year's earnings of $0.01 per share.
November 11, 2024 | 11:30 pm
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Assertio reported a Q3 loss of $0.03 per share, better than the expected $0.05 loss, but a decline from last year's $0.01 earnings.
The reported loss was better than expected, which is a positive sign, but the decline from last year's earnings could concern investors. The mixed results may lead to neutral short-term stock price movement.
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