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Vivani Medical (NASDAQ:VANI) Announces Earnings Results, Misses Estimates By $0.01 EPS

Vivani Medical logo with Medical background
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Vivani Medical (NASDAQ:VANI - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.01), Zacks reports.

Vivani Medical Stock Performance

Shares of NASDAQ:VANI traded down $0.01 during trading on Wednesday, reaching $1.01. The company had a trading volume of 89,371 shares, compared to its average volume of 174,009. The firm's fifty day moving average is $1.13 and its 200 day moving average is $1.21. The firm has a market capitalization of $59.83 million, a PE ratio of -2.24 and a beta of 3.20. Vivani Medical has a twelve month low of $1.00 and a twelve month high of $2.22.

Analyst Ratings Changes

Separately, HC Wainwright reissued a "buy" rating and issued a $4.00 price target on shares of Vivani Medical in a research note on Wednesday, March 26th.

Read Our Latest Research Report on VANI

Vivani Medical Company Profile

(Get Free Report)

Vivani Medical, Inc, a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals.

Further Reading

Earnings History for Vivani Medical (NASDAQ:VANI)

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