CASI Pharmaceuticals: Q1 Earnings Insights

CASI Pharmaceuticals CASI reported its Q1 earnings results on Wednesday, May 17, 2023 at 07:35 AM.

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

Earnings

CASI Pharmaceuticals beat estimated earnings by 29.69%, reporting an EPS of $-0.45 versus an estimate of $-0.64.

Revenue was down $715 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.07 which was followed by a 3.83% increase in the share price the next day.

Here's a look at CASI Pharmaceuticals's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.37 -0.46 -0.64 -0.9
EPS Actual -1.44 -0.38 -0.56 -0.6
Revenue Estimate 10.79M 9.90M 7.87M 9.23M
Revenue Actual 15.26M 10.21M 8.57M 9.06M

To track all earnings releases for CASI Pharmaceuticals visit their earnings calendar here.

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

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