Apellis Pharmaceuticals: Q1 Earnings Insights

Apellis Pharmaceuticals APLS reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

Apellis Pharmaceuticals missed estimated earnings by 6.85%, reporting an EPS of $-1.56 versus an estimate of $-1.46.

Revenue was up $30.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 12.51% increase in the share price the next day.

Here's a look at Apellis Pharmaceuticals's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -1.57 -1.45 -1.36 -1.32
EPS Actual -1.50 -1.75 -1.46 -1.42
Revenue Estimate 24.19M 21.59M 16.94M 12.57M
Revenue Actual 22.66M 22.06M 16.32M 14.38M

To track all earnings releases for Apellis Pharmaceuticals visit their earnings calendar here.

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

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