Investing.com - Inovio reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Inovio announced earnings per share of $-0.150 on revenue of $9.2M. Analysts polled by Investing.com anticipated EPS of $-0.287 on revenue of $534K.
Inovio shares are down 16% from the beginning of the year , still down 72.46% from its 52 week high of $7.77 set on Friday, November 26, 2021.
Inovio follows other major Healthcare sector earnings this month
Inovio's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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