Recap: BioXcel Therapeutics Q3 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


BioXcel Therapeutics (NASDAQ:BTAI) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:00 AM.

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

Earnings

BioXcel Therapeutics missed estimated earnings by 20.61%, reporting an EPS of $-1.58 versus an estimate of $-1.31.

Revenue was up $204 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 4.39% drop in the share price the next day.

Here's a look at BioXcel Therapeutics's past performance:

QuarterQ2 2023Q1 2023Q4 2022Q3 2022
EPS Estimate-1.75-1.62-1.45-1.35
EPS Actual-1.83-1.84-1.95-1.49
Revenue Estimate450K500K1.25M1.09M
Revenue Actual457K206K238K137K

To track all earnings releases for BioXcel Therapeutics visit their earnings calendar here.

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


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsBZI-Recaps