Inovio Pharmaceuticals: Q1 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Inovio Pharmaceuticals (NASDAQ:INO) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

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Earnings

Inovio Pharmaceuticals missed estimated earnings by 14.29%, reporting an EPS of $-0.16 versus an estimate of $-0.14.

Revenue was down $84 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 4.84% increase in the share price the next day.

Here's a look at Inovio Pharmaceuticals's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-0.17-0.30-0.31-0.34
EPS Actual-0.22-0.15-0.46-0.36
Revenue Estimate340K620K520K670K
Revenue Actual125K9.15M784K199K

To track all earnings releases for Inovio Pharmaceuticals visit their earnings calendar here.

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


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps