Clene Inc. (CLNN) Reports Q3 Loss, Misses Revenue Estimates
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Clene Inc. (CLNN) reported a Q3 loss of $1.22 per share, which was better than the Zacks Consensus Estimate of a $1.34 loss. However, this is a significant increase from the $0.40 loss per share reported a year ago.
November 13, 2024 | 3:00 pm
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Clene Inc. reported a Q3 loss of $1.22 per share, better than expected but worse than last year's $0.40 loss. This mixed result may lead to volatility in the stock price.
The reported loss per share was better than the consensus estimate, which is a positive sign. However, the loss increased significantly compared to the previous year, which could be a concern for investors. This mixed outcome may result in short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100