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

Clene

12/05/2023 21:37

* Clene Inc.  CLNN.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 14
cents per share.
    * Revenue rose 256.7% to $107.00 thousand from a year ago;
analysts expected $134.17 thousand. 
    * Clene Inc.'s reported EPS for the quarter was a loss of 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.9%
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 fallen by 21.2% this quarter and
lost 11.0% so far this year.
    * The company reported a quarterly loss of $11.75 million.
    * Wall Street's median 12-month price target for Clene Inc.
is
$7.00 
    * 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 May
12 at 08:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.14          -0.15          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