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Vaxart (NASDAQ:VXRT) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

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Vaxart (NASDAQ:VXRT - Get Free Report) issued its earnings results on Thursday. The biotechnology company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.05, Zacks reports. Vaxart had a negative return on equity of 110.46% and a negative net margin of 431.61%. The business had revenue of $15.19 million during the quarter, compared to analyst estimates of $15.68 million.

Vaxart Stock Performance

Shares of NASDAQ:VXRT traded down $0.00 during midday trading on Monday, reaching $0.51. 1,497,135 shares of the company's stock were exchanged, compared to its average volume of 2,375,633. The firm has a market capitalization of $116.61 million, a PE ratio of -1.25 and a beta of 1.69. The company's 50 day simple moving average is $0.65 and its two-hundred day simple moving average is $0.71. Vaxart has a 12 month low of $0.45 and a 12 month high of $1.41.

Vaxart Company Profile

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Vaxart, Inc, a clinical-stage biotechnology company, discovers and develops oral recombinant protein vaccines based on its proprietary oral vaccine platform. The company's product pipeline includes norovirus vaccine, a bivalent oral tablet vaccine in Phase 2 clinical trial for the GI.1 and GII.4 norovirus strains; coronavirus vaccine, which is in Phase 2 clinical trial, for the treatment of SARS-CoV-2 infection; seasonal influenza vaccine, which is in Phase 2 clinical trial, to treat H1 influenza infection; and human papillomavirus therapeutic vaccine, which is in preclinical stage, that targets HPV-16 and HPV-18 for cervical cancers and precancerous cervical lesions.

Further Reading

Earnings History for Vaxart (NASDAQ:VXRT)

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