Clearside Biomedical: Q1 Earnings Insights

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Clearside Biomedical CLSD reported its Q1 earnings results on Thursday, May 11, 2023 at 07:05 AM.

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

Earnings

Clearside Biomedical missed estimated earnings by 7.14%, reporting an EPS of $-0.15 versus an estimate of $-0.14.

Revenue was down $343 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 9.24% drop in the share price the next day.

Here's a look at Clearside Biomedical's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.13 -0.03 -0.13 -0.08
EPS Actual -0.16 -0.13 -0.13 -0.13
Revenue Estimate 100K 6.52M 370K 2.87M
Revenue Actual 330K 266K 384K 347K

To track all earnings releases for Clearside Biomedical visit their earnings calendar here.

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

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