Recap: Novan Q2 Earnings

Novan 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.

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.

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.