Investing.com - PDS Biotech reported on Monday third quarter earnings that beat analysts' forecasts and revenue that was in line with expectations.
PDS Biotech announced earnings per share of $-0.26 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.28 on revenue of $0.
PDS Biotech shares are down 89% from the beginning of the year, still down 36.56% from its 52 week high of $11.57 set on November 15, 2021.
PDS Biotech shares gained 31.07% in intra-day trade following the report.
PDS Biotech follows other major Healthcare sector earnings this month
PDS Biotech's report follows an earnings beat by J&J on October 18, who reported EPS of $2.55 on revenue of $23.79B, compared to forecasts EPS of $2.48 on revenue of $23.36B.
Eli Lilly had beat expectations on November 1 with third quarter EPS of $1.98 on revenue of $6.94B, compared to forecast for EPS of $1.91 on revenue of $6.91B.
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