NovaBay Pharmaceuticals Reports First Quarter 2018 Financial Results

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NovaBay Pharma (NBY) Misses Q1 EPS by 6c

May 10, 2018 4:21 PM EDT

NovaBay Pharma (NYSE: NBY) reported Q1 EPS of ($0.14), $0.06 worse than the analyst estimate of ($0.08).

In combination with the salesforce reduction at the end of 2017, we paused our planned salesforce expansion in a seasonally slow revenue quarter to focus on identifying the most profitable territories, said Mark M. Sieczkarek, NovaBays Chairman, President and CEO. Although... More