Clene: Q1 Earnings Insights

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Clene CLNN reported its Q1 earnings results on Friday, May 12, 2023 at 04:00 PM.

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

Earnings

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

Revenue was up $77 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 3.68% drop in the share price the next day.

Here's a look at Clene's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.12 -0.22 -0.20 -0.19
EPS Actual 0 -0.17 -0.07 -0.21
Revenue Estimate 120K 70K 80K 120K
Revenue Actual 234K 174K 35K 30K

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Clene visit their earnings calendar here.

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

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