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Home News Cue Biopharma Reports First Quarter Earnings Miss with $1.58 Million in Revenue

Cue Biopharma Reports First Quarter Earnings Miss with $1.58 Million in Revenue

by Barbara

Cue Biopharma (NASDAQ: CUE) reported a first-quarter loss per share (EPS) of $-0.130, missing analysts’ expectations by $0.04. The company’s revenue for the quarter totaled $1.58 million, falling short of the consensus estimate of $1.9 million.

The company’s stock closed at $0.90, marking a decline of 17.43% over the past three months and a significant drop of 50.55% over the last 12 months.

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Over the past 90 days, Cue Biopharma received three positive EPS revisions, with no negative revisions. Despite this, the stock has struggled, reflecting investor concerns about its performance.

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InvestingPro rates Cue Biopharma’s financial health as “fair performance,” indicating moderate stability and growth potential.

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For more details on Cue Biopharma’s earnings and financial status, visit InvestingPro or check out the upcoming earnings reports on Investing.com’s earnings calendar.

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