Recap: Durect Q3 Earnings

Durect DRRX reported its Q3 earnings results on Monday, November 13, 2023 at 04:00 PM.

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

Durect beat estimated earnings by 66.67%, reporting an EPS of $-0.14 versus an estimate of $-0.42.

Revenue was down $10.23 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 2.85% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.51	-0.53	-0.55	-0.1
EPS Actual	-0.46	-0.52	-0.46	-0.1
Revenue Estimate	2.94M	2.89M	3.48M	12.99M
Revenue Actual	2.08M	2.05M	3.31M	11.98M

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

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

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