Investing.com - ZEN Graphene reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ZEN Graphene announced earnings per share of C$-0.05 on revenue of C$48.11K. Analysts polled by Investing.com anticipated EPS of C$-0.04 on revenue of C$400K.
ZEN Graphene shares are down 57% from the beginning of the year and are trading at C$2.37 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.67% from the start of the year.
ZEN Graphene follows other major Healthcare sector earnings this month
ZEN Graphene's report follows an earnings missed by Curaleaf on Monday, August 8, 2022, who reported EPS of C$-0.04 on revenue of C$337.55M, compared to forecasts EPS of C$-0.038 on revenue of C$333.81M.
Trulieve Cannabis had missed expectations on Wednesday, August 10, 2022 with second quarter EPS of C$-0.12 on revenue of C$320.3M (NYSE:MMM), compared to forecast for EPS of C$-0.008 on revenue of C$321.64M.
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