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Trevena Q3 EPS $(0.57) Misses $(0.15) Estimate, Sales $180.00K Beat $100.00K Estimate; Cash And Cash Equivalents Of $35M Is Expected To Be Sufficient To Fund The Company's Operating Expenses And Capital Expenditure Requirements Into Q3 2024

Author: Benzinga Newsdesk | November 14, 2023 08:04am
Trevena (NASDAQ:TRVN) reported quarterly losses of $(0.57) per share which missed the analyst consensus estimate of $(0.15) by 280 percent. This is a 74.55 percent increase over losses of $(2.24) per share from the same period last year. The company reported quarterly sales of $180.00 thousand which beat the analyst consensus estimate of $100.00 thousand by 80.00 percent. This is a 141.10 percent increase over sales of $(438.00 thousand) the same period last year.

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