Investing.com - Palatin reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Palatin announced earnings per share of $-1.3400 on revenue of $770.7K. Analysts polled by Investing.com anticipated EPS of $-0.0345 on revenue of $188.67K.
Palatin shares are down 13% from the beginning of the year, still down 76.13% from its 52 week high of $24.00 set on November 29, 2021.
Palatin follows other major Healthcare sector earnings this month
Palatin's report follows an earnings beat by Merck ADR on September 9, who reported EPS of $0.5392 on revenue of $5.69B, compared to forecasts EPS of $0.5165 on revenue of $5.57B.
Veeva Systems A had beat expectations on August 31 with second quarter EPS of $1.03 on revenue of $534.22M, compared to forecast for EPS of $1.01 on revenue of $530.71M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar