Novan: Q1 Earnings Insights

 

Novan NOVN reported its Q1 earnings results on Monday, May 16, 2022 at 08:00 AM.

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

Earnings

Novan missed estimated earnings by 18.33%, reporting an EPS of $-0.71 versus an estimate of $-0.6.

Revenue was up $1.11 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 0.55% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.42 -0.42 -0.53 -0.5
EPS Actual -0.44 -0.34 -0.45 -0.6
Revenue Estimate 770.00K 750.00K 840.00K 960.00K
Revenue Actual 655.00K 737.00K 747.00K 819.00K

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

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

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