ADC Therapeutics: Q2 Earnings Insights

ADC Therapeutics: Q2 Earnings Insights

 

ADC Therapeutics ADCT reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

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

Earnings

ADC Therapeutics beat estimated earnings by 19.78%, reporting an EPS of $-0.73 versus an estimate of $-0.91.

Revenue was up $13.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.34 which was followed by a 1.02% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.70 -0.86 -0.92 -0.82
EPS Actual -0.36 -0.39 -0.59 -0.70
Revenue Estimate 28.94M 16.46M 7.39M 2.37M
Revenue Actual 46.50M 17.01M 13.15M 3.76M

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

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

Posted In: BZI-RecapsEarnings