Neptune Reports First Quarter Fiscal 2021 Results

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Go back to Neptune Reports First Quarter Fiscal 2021 Results

Neptune Wellness Solutions (NEPT) Misses Q4 EPS by 11c

August 11, 2020 4:45 PM EDT

Neptune Wellness Solutions (NASDAQ: NEPT) reported Q4 EPS of ($0.13), $0.11 worse than the analyst estimate of ($0.02).

First Quarter 2021 Financial Highlights:

Total revenues for the three-month period ended June 30, 2020 amounted to $21,363, representing a sequential increase of $11,833, or 124%, over the fourth quarter ended March 31, 2020 and an increase of $17,002, or 390%, compared to $4,361 for the three-month period ended June 30, 2019.Gross profit for the three-month period ended June 30, 2020 amounted to $3,256, representing a sequential increase of $4,353 over the fourth quarter ended March 31, 2020 and an increase of $3,969 over the three-month period ended June 30, 2019. Gross margin improved to 15.2%... More