Investing.com - Avivagen reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Avivagen announced earnings per share of C$-0.025 on revenue of C$48.61K. Analysts polled by Investing.com anticipated EPS of C$-0.02 on revenue of C$100K.
Avivagen shares are down 43.33% from the beginning of the year, still down 63.83% from its 52 week high of C$0.47 set on October 6, 2021.
Avivagen follows other major Healthcare sector earnings this month
Avivagen's report follows an earnings missed by Jushi Holdings on August 29, who reported EPS of C$-0.15 on revenue of C$72.8M, compared to forecasts EPS of C$-0.0932 on revenue of C$69.15M.
AYR Strategies A had missed expectations on August 18 with second quarter EPS of C$-0.56 on revenue of C$110.13M, compared to forecast for EPS of C$-0.4021 on revenue of C$114.79M.
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