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PolyPid Ltd Reports No Third Quarter Revenue and Earnings Miss

Earnings Whispers · ·by G4L

PYPD
PYPD Polypid Ltd
$6.60 +4.60%
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  1. 1PolyPid Ltd recorded a loss of $0.24 per share with no revenue in the third quarter.
  2. 2PolyPid Ltd reported an earnings miss of 152.2% for the third quarter.
  3. 3Management declined to confirm whether the FDA manufacturing facility inspection prior to product approval has been completed.

So what's the key point?

PolyPid Ltd reported a loss of $0.24 per share with no revenue in the third quarter. Earnings were much lower than analyst expectations, which is unfavorable news for investors.

Source Earnings Whispers · View original ↗

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