Benzinga | Nov 17, 2020 07:31AM EST

Palatin Technologies Q1 Adj. EPS $(0.02) Beats $(0.03) Estimate, Sales $(288.56K) Miss $1.00M Estimate

Palatin Technologies (AMEX:PTN) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.03) by 33.33 percent. This is unchanged from the same period last year. The company reported quarterly sales of $(288.56 thousand) which missed the analyst consensus estimate of $1.00 million by 128.86 percent. This is a 396.33 percent decrease over sales of $97.38 thousand the same period last year.