Omeros (NASDAQ:OMER) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

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

Earnings

Omeros beat estimated earnings by 25.35%, reporting an EPS of $-0.53 versus an estimate of $-0.71.

Revenue was down $21.06 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.8% drop in the share price the next day.

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

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

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