Adc Thera's revenue of $0.18 surpasses expectations, while profits fall short of forecasts.
According to the Adc Thera (NYSE: ADCT) report, the earnings per share for the fourth quarter was -$0.250, exceeding analysts' expectations of -$0.430 by $0.18. The reported earnings for this quarter were determined to be $16.91 million, while analyst expectations were set at $18.85 million.
Adc Thera's stock closed at $1.58, reflecting a significant decline of -22.170% over the past three months and a drop of -64.810% over the last year. Despite seeing positive earnings per share in the last 90 days, the overall trend has been negative. Review Adc Thera's stock price reactions to previous earnings reports here. According to InvestingPro, the company's financial health score is rated as "Very Good." Check out the latest earnings reports and all financial information about Adc Thera here. Stay updated on all balance sheet developments by visiting the Investing.com Earnings Calendar.