Recap: Palatin Techs Q1 Earnings

Palatin Techs PTN reported its Q1 earnings results on Tuesday, November 14, 2023 at 07:30 AM.

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

Palatin Techs missed estimated earnings by 17.07%, reporting an EPS of $-0.48 versus an estimate of $-0.41.

Revenue was up $1.24 million from the same period last year.

Last quarter the company missed on EPS by $0.35 which was followed by a 0.67% increase in the share price the next day.

Here's a look at Palatin Techs's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	-0.56	-0.39	-0.70	-1.19
EPS Actual	-0.91	-0.63	-0.66	-0.86
Revenue Estimate	1.37M	2.73M	1.61M	790K
Revenue Actual	1.76M	1.20M	1.03M	869K

To track all earnings releases for Palatin Techs visit their earnings calendar here.

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

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