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Kala Bio: Q3 Earnings Insights

Author: Benzinga Insights | November 13, 2023 09:30am

Kala Bio (NASDAQ:KALA) reported its Q3 earnings results on Monday, November 13, 2023 at 08:00 AM.

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

Earnings

Kala Bio missed estimated earnings by 58.6%, reporting an EPS of $-3.41 versus an estimate of $-2.15.

Revenue was down $420 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.17 which was followed by a 1.6% drop in the share price the next day.

To track all earnings releases for Kala Bio visit their earnings calendar here.

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

Posted In: KALA

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