Journey Medical Corporation (DERM) Reports Q3 Loss, Tops Revenue Estimates
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Journey Medical Corporation (DERM) reported a Q3 loss of $0.12 per share, which was better than the expected loss of $0.17 per share. However, this is a decline from the $0.80 earnings per share reported a year ago.
November 12, 2024 | 11:45 pm
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Journey Medical Corporation reported a Q3 loss of $0.12 per share, better than the expected loss of $0.17, but a decline from last year's $0.80 EPS.
The better-than-expected earnings per share loss suggests a positive short-term impact on the stock price, as it indicates the company is performing better than analysts anticipated. However, the decline from last year's earnings per share may temper the positive impact.
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