Investing.com - Redhill ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Redhill ADR announced earnings per share of $-0.03 on revenue of $18.24M. Analysts polled by Investing.com anticipated EPS of $-0.3 on revenue of $23.6M.
Redhill ADR shares are down 71.43% from the beginning of the year and are trading at $0.737 , down-from-52-week-high.They are under-performing the Nasdaq which is down 28.97% from the start of the year.
Redhill ADR shares lost 3.91% in intra-day trade after the report.
Redhill ADR follows other major Healthcare sector earnings this month
Redhill ADR's report follows an earnings missed by Medtronic on Thursday, May 26, 2022, who reported EPS of $1.52 on revenue of $8.09B, compared to forecasts EPS of $1.56 on revenue of $8.43B.
Veeva Systems A had beat expectations on Wednesday, June 1, 2022 with first quarter EPS of $0.99 on revenue of $505.1M, compared to forecast for EPS of $0.9203 on revenue of $495.94M.
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