Liquidia Technologies (LQDA) Stock Corrects After The Earnings: What Next?
The Liquidia Technologies Inc (NASDAQ:LQDA) stock could be in focus among investors today. This past Friday the stock went down marginally and that might have been in reaction to its financial results that were released last week.
Although the company ended up making a loss, it did manage to beat analysts’ estimates with regards to revenues. Liquidia made losses of $0.21 a share in the quarter, which was higher than the analysts’ estimate of $0.21 a share.
In this regard, it should be noted that Liquidia has not been able to beat earnings per share estimates for as many as four quarters. On the other hand, the company managed to post revenues of as much as $3.08 million for the quarter and that completely blew past the analysts’ estimates by as much as 260.28%. In the year-ago period, the company had not generated any revenues at all and it now remains to be seen if the stock gets any action this week or not.