Investing.com - Ibio reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ibio announced earnings per share of $-0.0700 on revenue of $200K. Analysts polled by Investing.com EPS of $-0.0650 on revenue of $250K.
Ibio 's are down 13% and is trading at $0.3160 , still down 72.04% from its 52 week high of $1.13 set on Wednesday, September 29, 2021.
Ibio follows other major Healthcare sector earnings this month
Ibio's report follows an earnings beat by Merck ADR on Friday, September 9, 2022, who reported EPS of $0.5392 on revenue of $5.69B, EPS of $0.5165 on revenue of $5.57B.
Veeva Systems A had beat expectations on Wednesday, August 31, 2022 with second quarter EPS of $1.03 on revenue of $534.22M, for EPS of $1.01 on revenue of $530.71M.
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