Investing.com - PolyPid reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
PolyPid announced earnings per share of $-0.480 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.540 on revenue of $0.00.
PolyPid shares are down 0.45% from the beginning of the year and are trading at $0.660 , down-from-52-week-high.
PolyPid shares lost 9.59% in intra-day trade after the report.
PolyPid follows other major Healthcare sector earnings this month
PolyPid's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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