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Durect (NASDAQ:DRRX) reported its Q4 earnings results on Wednesday, March 27, 2024 at 04:00 PM.
Here's what investors need to know about the announcement.
Durect beat estimated earnings by 70.0%, reporting an EPS of $-0.1 versus an estimate of $-0.33.
Revenue was down $646 thousand from the same period last year.
Last quarter the company beat on EPS by $0.28 which was followed by a 3.0% increase in the share price the next day.
Here's a look at Durect's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.42 | -0.51 | -0.53 | -0.55 |
| EPS Actual | -0.14 | -0.46 | -0.52 | -0.46 |
| Revenue Estimate | 2.97M | 2.94M | 2.89M | 3.48M |
| Revenue Actual | 1.74M | 2.08M | 2.05M | 3.31M |
To track all earnings releases for Durect visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: DRRX
