Benzinga | Aug 6, 2020 09:41AM EDT

Sol-Gel Technologies Q2 EPS $(0.31) Beats $(0.34) Estimate, Sales $1.13M Miss $3.04M Estimate

Sol-Gel Technologies (NASDAQ:SLGL) reported quarterly losses of $(0.31) per share which beat the analyst consensus estimate of $(0.34) by 8.82 percent. This is a 19.23 percent decrease over losses of $(0.26) per share from the same period last year. The company reported quarterly sales of $1.13 million which missed the analyst consensus estimate of $3.04 million by 62.73 percent. This is a 85.46 percent decrease over sales of $7.79 million the same period last year.