CervoMed (NASDAQ:CRVO – Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 13th. Analysts expect CervoMed to post earnings of ($0.60) per share and revenue of $1.70 million for the quarter.
CervoMed (NASDAQ:CRVO – Get Free Report) last announced its quarterly earnings results on Monday, March 17th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.13). CervoMed had a negative return on equity of 44.11% and a negative net margin of 118.68%. The firm had revenue of $2.16 million during the quarter, compared to the consensus estimate of $1.51 million. On average, analysts expect CervoMed to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
CervoMed Stock Performance
NASDAQ:CRVO opened at $8.44 on Friday. The firm has a market cap of $73.45 million, a P/E ratio of -4.16 and a beta of -0.23. CervoMed has a fifty-two week low of $1.80 and a fifty-two week high of $25.67. The firm has a 50-day simple moving average of $8.63 and a two-hundred day simple moving average of $6.50.
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CervoMed Company Profile
CervoMed Inc, a biotechnology company, engages in the development and commercialization of treatments for age-related neurologic disorders. Its lead drug candidate is neflamapimod, an orally administered small molecule brain penetrant for the treatment of dementia with Lewy bodies (DLB), Alzheimer's diseases, frontotemporal dementia, and ischemic stroke recovery.
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