Investing.com - Societal CDMO reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Societal CDMO announced earnings per share of $-0.060 on revenue of $21.6M. Analysts polled by Investing.com EPS of $-0.060 on revenue of $21.43M.
Societal CDMO 's are up 4.35% and is trading at $1.540 , still down 29.68% from its 52 week high of $2.19 set on Friday, March 18, 2022.
Societal CDMO follows other major Healthcare sector earnings this month
Societal CDMO's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, 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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