Antares Pharma Earnings: Here’s Why Investors are Ambivalent Now
Antares Pharma Inc (NASDAQ:ATRS) had a loss and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Antares Pharma Inc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $-0.03 in the quarter versus EPS of $0.00 in the year-earlier quarter.
Revenue: Decreased 34.4% to $4.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: reported adjusted EPS loss of $0.03 per share. By that measure, the company missed the mean analyst estimate of $-0.03. It missed the average revenue estimate of $5.12 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…