Novan (NASDAQ:NOVN) reported its Q2 earnings results on Thursday, August 11, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Novan beat estimated earnings by 22.81%, reporting an EPS of $-0.44 versus an estimate of $-0.57.
Revenue was up $5.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 4.33% increase in the share price the next day.
Here's a look at Novan's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.60 | -0.42 | -0.42 | -0.53 |
| EPS Actual | -0.71 | -0.44 | -0.34 | -0.45 |
| Revenue Estimate | 1.35M | 770K | 750K | 840K |
| Revenue Actual | 1.93M | 655K | 737K | 747K |
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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