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Delcath Systems Shares Rise After Company Swings to Q3 Earnings, Posts Higher Revenue
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Delcath Systems Shares Rise After Company Swings to Q3 Earnings, Posts Higher Revenue
Nov 9, 2024 1:24 PM

01:51 PM EST, 11/08/2024 (MT Newswires) -- Delcath Systems ( DCTH ) shares were up about 3% in recent trading Friday after the company swung to Q3 earnings and posted higher revenue for the quarter.

The company reported Q3 earnings of $0.06 per diluted share, compared to a loss of $1.14 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.20 a share.

Revenue for the quarter ended Sept. 30 was $11.2 million, compared with $434,000 a year earlier.

Analysts surveyed by Capital IQ expected $10.5 million.

Price: 11.23, Change: +0.29, Percent Change: +2.65

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