D.B.V. Technologies missed profit forecasts and beat revenue forecasts for the quarter

by time news

D.B.V. Company Technologies (NASDAQ: DBVT) released its financial statements for the fourth quarter, in which it was below expectations and revenues that exceeded the expectations of the analysts.

The company reported earnings per share of $-1.240 and revenues of $4.8M. Investing.com analysts expected EPS of $-0.220 and revenue of $1.42M.

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The share price of D.B.V. Technologies has fallen 10% since the start of the year, and is now still 60.06% below its 52-week high of $3.43 set for June 9, 2022.

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