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Recap: Assertio Holdings Q4 Earnings

Author: Benzinga Insights | March 11, 2024 04:05pm

Assertio Holdings (NASDAQ:ASRT) reported its Q4 earnings results on Monday, March 11, 2024 at 04:00 PM.

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

Earnings

Assertio Holdings beat estimated earnings by 650.0%, reporting an EPS of $0.11 versus an estimate of $-0.02.

Revenue was down $17.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 43.0% drop in the share price the next day.

Here's a look at Assertio Holdings's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.11 0.14 0.13 0.48
EPS Actual 0.01 0.19 0.29 0.32
Revenue Estimate 53.13M 39.58M 37.64M 47.44M
Revenue Actual 35.63M 40.99M 42.47M 50.35M

To track all earnings releases for Assertio Holdings visit their earnings calendar here.

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

Posted In: ASRT

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