MeiraGTx Hldgs: Q1 Earnings Insights

MeiraGTx Hldgs: Q1 Earnings Insights

 

MeiraGTx Hldgs MGTX reported its Q1 earnings results on Thursday, May 12, 2022 at 08:00 AM.

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

Earnings

MeiraGTx Hldgs missed estimated earnings by 34.62%, reporting an EPS of $-0.7 versus an estimate of $-0.52.

Revenue was up $1.04 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.27 which was followed by a 2.84% drop in the share price the next day.

Here's a look at MeiraGTx Hldgs's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.49 -0.52 -0.54 -0.43
EPS Actual -0.22 -0.59 -0.46 -0.54
Revenue Estimate 6.95M 5.00M 2.37M 2.37M
Revenue Actual 21.04M 6.95M 5.12M 4.59M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for MeiraGTx Hldgs visit their earnings calendar here.

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

Posted In: BZI-RecapsEarningsNews