Investing.com - Scynexis Inc reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Scynexis Inc announced earnings per share of $-0.620 on revenue of $1.56M. Analysts polled by Investing.com anticipated EPS of $-0.490 on revenue of $2.02M.
Scynexis Inc shares are down 16.73% from the beginning of the year, still down 73.52% from its 52 week high of $8.10 set on November 26, 2021.
Scynexis Inc shares gained 6.29% in pre-market trade following the report.
Scynexis Inc follows other major Healthcare sector earnings this month
Scynexis Inc'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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