Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
KemPharm (NASDAQ:KMPH) reported its Q1 earnings results on Thursday, May 12, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
KemPharm reported in-line EPS of $-0.05 versus an estimate of $-0.05.
Gainers
ERYTECH Pharma S.A. (NASDAQ: ERYP) shares rose 88.4% to $2.30 in pre-market trading. Erytech Pharma recently announced publication of results from Eryapasse Phase 2 trial as treatment for hypersensitive ALL in the British Journal of Haematology.
KemPharm (NASDAQ:KMPH) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.07) by 14.29 percent. The company reported quarterly sales of $2.60 million which beat the analyst
Biotech stocks reversed course in the week ending March 25, as an increase in risk appetite prompted traders to move money out of defensives and into risky bets.