Investing.com - Collplant ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Collplant ADR announced earnings per share of $0.88 on revenue of $14.5M. Analysts polled by Investing.com anticipated EPS of $0.495 on revenue of $10.06M.
Collplant ADR shares are up 11% from the beginning of the year and are trading at $15.67 , down-from-52-week-high.They are under-performing the S&P Merval which is up 12.1% from the start of the year.
Collplant ADR shares gained 1.44% in intra-day trade following the report.
Collplant ADR follows other major Healthcare sector earnings this month
Collplant ADR's report follows an earnings beat by Pfizer on Tuesday, May 4, 2021, who reported EPS of $0.93 on revenue of $14.58B, compared to forecasts EPS of $0.7759 on revenue of $13.65B.
AbbVie had beat expectations on Friday, April 30, 2021 with first quarter EPS of $2.95 on revenue of $13.01B, compared to forecast for EPS of $2.81 on revenue of $12.77B.
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