Investing.com - Pulmatrix (NASDAQ:PULM) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pulmatrix announced earnings per share of $-1.4500 on revenue of $1.87M. Analysts polled by Investing.com anticipated EPS of $-1.5100 on revenue of $1.16M.
Pulmatrix shares are down 16.92% from the beginning of the year, still down 79.06% from its 52 week high of $17.20 set on November 10, 2021.
Pulmatrix shares gained 2.04% in intra-day trade following the report.
Pulmatrix follows other major Healthcare sector earnings this month
Pulmatrix'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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