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Recap: Trevena Q3 Earnings

Author: Benzinga Insights | November 14, 2023 08:05am

Trevena (NASDAQ:TRVN) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:00 AM.

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

Earnings

Trevena missed estimated earnings by 280.0%, reporting an EPS of $-0.57 versus an estimate of $-0.15.

Revenue was up $618 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.36 which was followed by a 2.63% drop in the share price the next day.

Here's a look at Trevena's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -1.05 -0.98 -1.75 -2
EPS Actual -0.69 -0.81 -0.73 -2.25
Revenue Estimate 400K 230K 300K 440K
Revenue Actual 3.02M 6K 0 -438K

To track all earnings releases for Trevena visit their earnings calendar here.

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

Posted In: TRVN

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