Recap: Sol-Gel Technologies Q3 Earnings

Sol-Gel Technologies SLGL reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.

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

Earnings

Sol-Gel Technologies beat estimated earnings by 8.7%, reporting an EPS of $-0.21 versus an estimate of $-0.23.

Revenue was down $48 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 9.66% drop in the share price the next day.

Here's a look at Sol-Gel Technologies's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.25 -0.21 -0.12 -0.07
EPS Actual -0.22 -0.41 -0.25 -0.15
Revenue Estimate 1.55M 470K 1.84M 3.42M
Revenue Actual 594K 758K 100K 261K

To track all earnings releases for Sol-Gel Technologies visit their earnings calendar here.

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

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