Novan Inc reports results for the quarter ended in June - Earnings Summary

NVN Liquidation

12/08/2021 18:25

* Novan Inc  NOVN.OQ  reported a quarterly adjusted loss of 45
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 53 cents per share.
* Revenue fell 43.5% to $747.00 thousand from a year ago; 
analysts expected $840.00 thousand. 
* Novan Inc's reported EPS for the quarter was a loss of 39
cents​.
* The mean earnings estimate of analysts had risen by about 0.6%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Novan Inc shares had fallen by 16.9% this quarter and
gained 2.8% so far this year.
* The company reported a quarterly loss of $6.02 million.
* Wall Street's median 12-month price target for Novan Inc is
$35.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 05:25 p.m.  ​All
figures in US dollars unless otherwise stated