Investing.com - Aridis Pharma reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aridis Pharma announced earnings per share of $-0.470 on revenue of $399K. Analysts polled by Investing.com anticipated EPS of $-0.170 on revenue of $11.2M.
Aridis Pharma shares are down 60% from the beginning of the year and are trading at $0.920 , down-from-52-week-high.
Aridis Pharma follows other major Healthcare sector earnings this month
Aridis Pharma's report follows an earnings beat by Eli Lilly on Tuesday, November 1, 2022, who reported EPS of $1.98 on revenue of $6.94B, compared to forecasts EPS of $1.91 on revenue of $6.91B.
AbbVie had beat expectations on Friday, October 28, 2022 with third quarter EPS of $3.66 on revenue of $14.81B, compared to forecast for EPS of $3.58 on revenue of $14.93B.
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