Veru Inc (NASDAQ:VERU) Announces Earnings Results
Veru Inc (NASDAQ:VERU) issued its quarterly earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.05, Morningstar.com reports. Veru had a negative net margin of 73.86% and a negative return on equity of 20.72%.
Shares of Veru (NASDAQ:VERU) traded down 9.33% during mid-day trading on Tuesday, reaching $1.36. 56,532 shares of the company’s stock were exchanged. Veru has a one year low of $1.31 and a one year high of $1.45.
Veru Company Profile
Veru Inc, formerly The Female Health Company, is a therapeutics company focused on developing and commercializing pharmaceuticals and devices in men’s and women’s health and oncology. The Company is engaged in the development, manufacture and marketing of consumer healthcare products. The Company has three divisions: Pharmaceutical and Devices, Consumer Health Products and Public Sector.
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