Inovio Pharmaceuticals: Q1 Earnings Insights

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Inovio Pharmaceuticals INO reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

Inovio Pharmaceuticals missed estimated earnings by 14.29%, reporting an EPS of $-0.16 versus an estimate of $-0.14.

Revenue was down $84 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 4.84% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.17 -0.30 -0.31 -0.34
EPS Actual -0.22 -0.15 -0.46 -0.36
Revenue Estimate 340K 620K 520K 670K
Revenue Actual 125K 9.15M 784K 199K

To track all earnings releases for Inovio 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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Posted In: EarningsBZI-Recaps
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