Clene Inc. (CLNN) Reports Q3 Loss, Misses Revenue Estimates [Yahoo! Finance]
Clene Inc. (CLNN)
Company Research
Source: Yahoo! Finance
This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.96%. A quarter ago, it was expected that this company would post a loss of $1.60 per share when it actually produced a loss of $1.06, delivering a surprise of 33.75%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Clene , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $0.09 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 17.14%. This compares to year-ago revenues of $0.11 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Clene shares have lost abo
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CLNN
News
- Clene Inc. (NASDAQ: CLNN) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $86.00 to $83.00. They now have a "buy" rating on the stock.MarketBeat
- Clene Inc. (NASDAQ: CLNN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $31.00 price target on the stock.MarketBeat
- Clene Reports Third Quarter 2024 Financial Results and Recent Operating HighlightsGlobeNewswire
- Clene Inc. (NASDAQ: CLNN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $31.00 price target on the stock.MarketBeat
- IBN Coverage: Clene (NASDAQ: CLNN) Presents Lead Candidate CNM-Au8(R) Updates at Investor Conferences [Yahoo! Finance]Yahoo! Finance
CLNN
Earnings
- 11/13/24 - Beat
CLNN
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form 8-K
- CLNN's page on the SEC website