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Stock impact report

Why Is Axsome (AXSM) Up 4.8% Since Last Earnings Report? [Yahoo! Finance]

Axsome Therapeutics, Inc. (AXSM) 
Last axsome therapeutics, inc. earnings: 3/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: axsome.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Axsome due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Axsome Q2 Loss Widens Y/Y, Revenues Beat Estimates Axsome incurred an adjusted loss of $1.24 per share for the second quarter of 2024 compared with a loss of $1.00 reported in the year-ago period. The Zacks Consensus Estimate was pegged at a loss of $1.30 per share. The above-adjusted loss excludes the impact of certain non-cash charges, including which the reported loss per share was $1.67 in the second quarter of 2024 compared with a loss of $1.54 per share reported in the year-ago quarter. Axsome's total revenues surged 87% year over year to $87.2 million in the reported quarter, which beat the Zacks Consensus Estimate of $85 million. The increase in revenues can be attribute Show less Read more
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