iBio: Q3 Earnings Insights

iBio IBIO reported its Q3 earnings results on Thursday, May 12, 2022 at 04:00 PM.

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

iBio missed estimated earnings by 20.0%, reporting an EPS of $-0.06 versus an estimate of $-0.05.

Revenue was up $1.18 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.66% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.04
EPS Actual	-0.05	-0.04	-0.05	-0.04
Revenue Estimate	250.00K	491.00K	1.00M	800.00K
Revenue Actual	168.00K	211.00K	491.00K	765.00K

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

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

Earnings Calendar