Categories Earnings, Health Care

Veru Inc. (VERU): Q1 2020 Earnings Snapshot

Earnings Update by AlphaStreet

— Veru Inc. (NASDAQ: VERU) reported Q1 2020 loss of $0.05 per share, vs. $0.02 expected.

— Revenues grew 66% to $10.6 million, vs. $8.7 million expected.

— FC2 US prescription net revenues increased 148% to $6.1 million.

— Gross profit increased 57% to $7.3 million.

— VERU shares were up 3.7% in premarket hours on Wednesday.

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