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

NVN Liquidation

10/11/2021 12:00

* Novan Inc  NOVN.OQ  reported a quarterly adjusted loss of 34
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for a loss
of 42 cents per share.
* Revenue fell 44% to $737.00 thousand from a year ago; 
analysts expected $752.00 thousand. 
* Novan Inc's reported EPS for the quarter was a loss of 34
cents​.
* The mean earnings estimate of analysts had risen by about 8.7%
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 12.9% this quarter and
lost 12.8% so far this year.
* The company reported a quarterly loss of $6.48 million.
* Wall Street's median 12-month price target for Novan Inc is
$30.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 10 at 12:00 p.m.
 ​All figures in US dollars unless otherwise stated