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Recap: Assertio Holdings Q4 Earnings

Benzinga ·  Mar 11 16:05

Assertio Holdings (NASDAQ:ASRT) reported its Q4 earnings results on Monday, March 11, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Assertio Holdings beat estimated earnings by 650.0%, reporting an EPS of $0.11 versus an estimate of $-0.02.

Revenue was down $17.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 43.0% drop in the share price the next day.

Here's a look at Assertio Holdings's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate0.110.140.130.48
EPS Actual0.010.190.290.32
Revenue Estimate53.13M39.58M37.64M47.44M
Revenue Actual35.63M40.99M42.47M50.35M

To track all earnings releases for Assertio Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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