Societal CDMO SCTL reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Societal CDMO beat estimated earnings by 11.11%, reporting an EPS of $-0.08 versus an estimate of $-0.09.
Revenue was up $4.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 5.95% increase in the share price the next day.
Here's a look at Societal CDMO's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.07 | -0.11 | -0.25 |
| EPS Actual | -0.04 | -0.07 | 0.03 | -0.23 |
| Revenue Estimate | 21.41M | 18.07M | 17.10M | 16.43M |
| Revenue Actual | 22.30M | 18.24M | 18.02M | 16.80M |
To track all earnings releases for Societal CDMO visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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