Recap: Athersys Q2 Earnings

Recap: Athersys Q2 Earnings

 

Athersys ATHX reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

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

Earnings

Athersys missed estimated earnings by 28.57%, reporting an EPS of $-0.09 versus an estimate of $-0.07.

Revenue was up $2.32 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 12.17% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.10 -0.07 -0.11 -0.1
EPS Actual -0.09 -0.09 -0.07 -0.1
Revenue Estimate 690K 40K 60K 40K
Revenue Actual 2.91M 722K 4.79M 0

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

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

Posted In: BZI-RecapsEarnings