Clene Inc. reports results for the quarter ended in December - Earnings Summary

Clene

13/03/2023 13:02

* Clene Inc.  CLNN.OQ  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue rose 17.6% to $234.00 thousand from a year ago;
analysts
expected $115.57 thousand. 
    * Clene Inc.'s reported EPS for the quarter was a loss of 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clene Inc. shares had risen by 26.0% this quarter.
    * The company reported a quarterly loss of $1.05 million.
    * Wall Street's median 12-month price target for Clene Inc.
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 13 at 01:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.12          -0.01          Beat
 Sep. 30 2022      -0.22          -0.17          Beat
 Jun. 30 2022      -0.20          -0.07          Beat
 Mar. 31 2022      -0.19          -0.21          Missed