Investing.com - Durect reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Durect announced earnings per share of $-0.0100 on revenue of $11.98M. Analysts polled by Investing.com EPS of $-0.0500 on revenue of $13.03M.
Durect 's are down 10% and is trading at $0.5575 , still down 57.44% from its 52 week high of $1.31 set on Monday, November 8, 2021.
Durect follows other major Healthcare sector earnings this month
Durect's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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