Societal CDMO SCTL reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Societal CDMO missed estimated earnings by 150.0%, reporting an EPS of $-0.05 versus an estimate of $-0.02.
Revenue was up $1.99 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 9.66% drop in the share price the next day.
Here's a look at Societal CDMO's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | -0.05 | -0.07 | -0.06 |
| EPS Actual | -0.04 | -0.06 | -0.07 | -0.06 |
| Revenue Estimate | 21.94M | 20.03M | 25.24M | 21.43M |
| Revenue Actual | 21.80M | 21.53M | 24.28M | 21.60M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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