Recap: Societal CDMO Q1 Earnings

Loading...
Loading...

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...