Published on 3 May 2024 on Zacks via Yahoo Finance
Fulgent Genetics, Inc. (FLGT) Reports Q1 Loss, Misses Revenue Estimates
Fulgent Genetics, Inc. (FLGT) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 96.97%. A quarter ago, it was expected that this company would post a loss of $0.30 per share when it actually produced earnings of $0.28, delivering a surprise of 193.33%.