Recap: Cidara Therapeutics Q1 Earnings

Cidara Therapeutics CDTX reported its Q1 earnings results on Thursday, May 11, 2023 at 04:37 PM.

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


Cidara Therapeutics missed estimated earnings by 25.0%, reporting an EPS of $0.03 versus an estimate of $0.04.

Revenue was up $18.88 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 18.88% drop in the share price the next day.

Here's a look at Cidara Therapeutics's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.17 0.18 -0.28 -0.29
EPS Actual -0.19 0.17 -0.19 -0.27
Revenue Estimate 10.57M 35.67M 6.21M 6.11M
Revenue Actual 10.22M 40.74M 6.22M 7.11M

To track all earnings releases for Cidara Therapeutics visit their earnings calendar here.

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

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