Omeros Corporation (NASDAQ:OMER) 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.
Omeros Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share were the same at $-0.40 in the quarter as EPS of $-0.40 in the year-earlier quarter.
Revenue: Decreased 26.67% to $1.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Omeros Corporation reported adjusted EPS loss of $0.40 per share. By that measure, the company met the mean analyst estimate of $-0.40. It missed the average revenue estimate of $1.39 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…