Recap: Lipocine Q1 Earnings

Lipocine LPCN reported its Q1 earnings results on Thursday, May 11, 2023 at 06:00 AM.

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

Lipocine missed estimated earnings by 100.0%, reporting an EPS of $-0.04 versus an estimate of $-0.02.

Revenue was up $54 thousand from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 26.79% drop in the share price the next day.

Here's a look at Lipocine's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.03	-0.03	-0.04	-0.02
EPS Actual	-0.03	-0.03	-0.04	-0.04
Revenue Estimate	1.31M	700K	260K	2.00M
Revenue Actual	0	0	500K	0

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Lipocine visit their earnings calendar here.

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

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