Investing.com - Inovio reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Inovio announced earnings per share of $-0.150 on revenue of $9.2M. Analysts polled by Investing.com anticipated EPS of $-0.287 on revenue of $534K.
Inovio shares are down 16% from the beginning of the year, still down 72.46% from its 52 week high of $7.77 set on November 26, 2021.
Inovio follows other major Healthcare sector earnings this month
Inovio'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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