Protalix BioTherapeutics Reports Earnings with Revenue Surpassing Estimates

Wednesday, 14 August 2024, 10:52

Protalix BioTherapeutics reported a GAAP EPS of -$0.03, falling short of expectations by $0.05. However, the company's revenue for the period reached $13.47 million, exceeding forecasts by $0.97 million. This contrast highlights the company's performance potential, even amidst earnings challenges. Investors should monitor Protalix's developments closely as it continues to navigate its financial landscape.
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Protalix BioTherapeutics Reports Earnings with Revenue Surpassing Estimates

Protalix BioTherapeutics Earnings Report Overview

Protalix BioTherapeutics has released its latest financial results, indicating a mixed performance. The company reported a GAAP EPS of -0.03, which missed analyst expectations by $0.05. In contrast, their revenue figures tell a more positive story, coming in at $13.47 million, which exceeds estimates by $0.97 million.

Key Financial Metrics

  • GAAP EPS: -$0.03 (miss by $0.05)
  • Revenue: $13.47 million (beat by $0.97 million)

The divergence between EPS results and revenue growth highlights critical aspects of Protalix's current operational efficiency. Investors and stakeholders are advised to keep a close watch on future earnings reports to assess the potential recovery and growth trajectory for the company.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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