Societal CDMO: Q1 Earnings Insights

Societal CDMO SCTL reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

Societal CDMO missed estimated earnings by 20.0%, reporting an EPS of $-0.06 versus an estimate of $-0.05.

Revenue was up $327 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 12.85% drop in the share price the next day.

Here's a look at Societal CDMO's past performance:

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.