Investing.com - Avivagen reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Avivagen announced earnings per share of C$-0.025 on revenue of C$48.61K. Analysts polled by Investing.com anticipated EPS of C$-0.02 on revenue of C$100K.
Avivagen shares are down 43.33% from the beginning of the year , still down 63.83% from its 52 week high of C$0.47 set on Wednesday, October 6, 2021.
Avivagen follows other major Healthcare sector earnings this month
Avivagen's report follows an earnings missed by Jushi Holdings on Monday, August 29, 2022, who reported EPS of C$-0.15 on revenue of C$72.8M, compared to forecasts EPS of C$-0.0932 on revenue of C$69.15M.
AYR Strategies A had missed expectations on Thursday, August 18, 2022 with second quarter EPS of C$-0.56 on revenue of C$110.13M, compared to forecast for EPS of C$-0.4021 on revenue of C$114.79M.
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