Palatin Technologies: Q4 Earnings Insights

Palatin Technologies PTN reported its Q4 earnings results on Thursday, September 22, 2022 at 07:30 AM.

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

Palatin Technologies missed estimated earnings by 65.43%, reporting an EPS of $-1.34 versus an estimate of $-0.81.

Revenue was up $595 thousand from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 7.31% drop in the share price the next day.

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

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	-0.75	-0.75	-0.75	-0.75
EPS Actual	-0.75	-1	-0.75	-1.50
Revenue Estimate	350K	240K	80K	870K
Revenue Actual	216K	322K	159K	175K

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

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