Ovid Therapeutics: Q1 Earnings Insights

Ovid Therapeutics OVID reported its Q1 earnings results on Friday, May 5, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Ovid Therapeutics missed estimated earnings by 11.76%, reporting an EPS of $-0.19 versus an estimate of $-0.17.

Revenue was down $1.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 3.48% increase in the share price the next day.

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Ovid Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.