Recap: Affimed Q3 Earnings

Affimed AFMD reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:30 AM.

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

Affimed beat estimated earnings by 15.0%, reporting an EPS of $-0.17 versus an estimate of $-0.2.

Revenue was down $12.87 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 1.56% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.21	-0.21	-0.21	-0.18
EPS Actual	-0.22	-0.22	-0.22	-0.11
Revenue Estimate	4.53M	5.69M	7.95M	7.58M
Revenue Actual	1.51M	4.84M	11.39M	15.01M

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

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

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