Puma Biotech: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 05:34 PM ET
Last Updated - Jun 21, 2023, 10:36 PM EDT
LOS ANGELES (AP) — LOS ANGELES (AP) — Puma Biotechnology Inc. (PBYI) on Thursday reported first-quarter profit of $1.4 million.
The Los Angeles-based company said it had profit of 3 cents per share. Earnings, adjusted for stock option expense, were 9 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The biopharmaceutical company posted revenue of $52.8 million in the period.
