ZIOPHARM Oncology Earnings: Here’s Why Shares are Down Now

ZIOPHARM Oncology, Inc. (NASDAQ:ZIOP) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.93%.

ZIOPHARM Oncology, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.48 in the quarter versus EPS of $-0.19 in the year-earlier quarter.

Revenue: Was the same at $200,000 as the year-earlier quarter.

Actual vs. Wall St. Expectations: ZIOPHARM Oncology, Inc. reported adjusted EPS loss of $0.48 per share. By that measure, the company missed the mean analyst estimate of $-0.29. It beat the average revenue estimate of $0.

Quoting Management: There was no comment from management.

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