Equillium (NASDAQ:EQ) reported its Q4 earnings results on Monday, March 25, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Equillium beat estimated earnings by 59.0%, reporting an EPS of $-0.07 versus an estimate of $-0.17.
Revenue was down $6.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 5.0% drop in the share price the next day.
Here's a look at Equillium's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.21 | -0.42 | 0.72 |
| EPS Actual | -0.11 | -0.10 | -0.11 | 0.08 |
| Revenue Estimate | 8.00M | 8.00M | 4.60M | 38.00M |
| Revenue Actual | 8.87M | 9.12M | 8.88M | 15.76M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Equillium visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.