Recap: Matinas BioPharma Hldgs Q1 Earnings

Matinas BioPharma Hldgs MTNB 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

Matinas BioPharma Hldgs reported in-line EPS of $-0.03 versus an estimate of $-0.03.

Revenue was up $1.10 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 6.86% increase in the share price the next day.

To track all earnings releases for Matinas BioPharma Hldgs visit their earnings calendar here.

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