Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / ENTA - Enanta falls 21% as fiscal 2023 Q2 revenue misses

ENTA - Enanta falls 21% as fiscal 2023 Q2 revenue misses

Enanta Pharmaceuticals Inc.

2023-05-08 17:48:08 ET

  • Enanta Pharmaceuticals ( NASDAQ: ENTA ) is down 21% in after-hours trading after its fiscal 2023 Q2 results missed on the top line.
  • Revenue of $17.8M was a ~5% year-over-year decline. Consensus was $19.06M.
  • Enanta's ( ENTA ) net loss widened 12% to $37.7M compared to the year-ago period (-$1.79 per share diluted vs -$1.63).
  • The company was negatively impacted in the quarter by a ~9% increase in operating expenses to ~$57.2M.
  • Enanta ( ENTA ) ended the quarter with cash and cash equivalents of $73.2M, a ~6% increase compared to September 30, 2022.

For further details see:

Enanta falls 21% as fiscal 2023 Q2 revenue misses
Stock Information
Company Name: Enanta Pharmaceuticals Inc.
Stock Symbol: ENTA
Market: NASDAQ
Website: enanta.com
Menu
ENTA ENTA Quote ENTA Short ENTA News ENTA Articles ENTA Message Board
Get ENTA Alerts

News, Short Squeeze, Breakout and More Instantly...