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Xenetic Biosciences Q2 EPS $(0.45) Beats $(0.65) Estimate, Sales $589.897K Miss $720.000K Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsEarnings MissesNews

Xenetic Biosciences (NASDAQ:XBIO) reported quarterly losses of $(0.45) per share which beat the analyst consensus estimate of $(0.65) by 30.77 percent. This is a 45.78 percent increase over losses of $(0.83) per share

Xenetic Biosciences (NASDAQ:XBIO) reported quarterly losses of $(0.45) per share which beat the analyst consensus estimate of $(0.65) by 30.77 percent. This is a 45.78 percent increase over losses of $(0.83) per share from the same period last year. The company reported quarterly sales of $589.897 thousand which missed the analyst consensus estimate of $720.000 thousand by 18.07 percent. This is a 18.79 percent decrease over sales of $726.404 thousand the same period last year.

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