Evogene Misses Q1 Estimates with Negative Earnings and Revenue Drop

Evogene reported a GAAP EPS of -$0.60 in the first quarter, missing estimates by $0.33 per share. The company's revenue fell to $0.3 million, down from zero year-over-year, also below expectations. Evogene ended Q1 with approximately $13.1 million in cash and used about $2.8 million during the period.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Evogene Misses Q1 Estimates with Negative Earnings and Revenue Drop

Tickers: $EVGN

Topics: cash_position financial_results revenue_miss

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