Investing.com - AquaBounty Tech reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AquaBounty Tech announced earnings per share of $-0.080 on revenue of $653.43K. Analysts polled by Investing.com anticipated EPS of $-0.105 on revenue of $1.37M.
AquaBounty Tech shares are down 41.36% from the beginning of the year, still down 84.62% from its 52 week high of $4.00 set on November 9, 2021.
AquaBounty Tech shares lost 5.04% in intra-day trade following the report.
AquaBounty Tech follows other major Healthcare sector earnings this month
AquaBounty Tech's report follows an earnings beat by UnitedHealth on October 14, 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 October 18 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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