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Recap: CASI Pharmaceuticals Q4 Earnings

Author: Benzinga Insights | March 28, 2024 08:20am

CASI Pharmaceuticals (NASDAQ:CASI) reported its Q4 earnings results on Thursday, March 28, 2024 at 07:00 AM.

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

Earnings

CASI Pharmaceuticals missed estimated earnings by -88.0%, reporting an EPS of $-0.45 versus an estimate of $-0.24.

Revenue was down $8.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 3.0% drop in the share price the next day.

Here's a look at CASI Pharmaceuticals's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.56 -0.50 -0.64 -0.37
EPS Actual -0.35 -0.77 -0.45 -1.44
Revenue Estimate 10.40M 10.09M 9.10M 10.79M
Revenue Actual 8.84M 9.82M 8.35M 15.26M

To track all earnings releases for CASI Pharmaceuticals visit their earnings calendar here.

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

Posted In: CASI

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