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Shares of Assertio Holdings (NASDAQ:ASRT) moved higher by 0.9% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were down 33.33% over the past year to ($0.28), which missed the estimate of ($0.03).
Revenue of $20,617,000 decreased by 63.96% from the same period last year, which missed the estimate of $25,330,000.
Outlook
Assertio Holdings hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
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Date: Aug 07, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/onwswjoj
Price Action
Company's 52-week high was at $2.94
52-week low: $0.55
Price action over last quarter: Up 16.49%
Company Overview
Assertio Holdings Inc is a pharmaceutical company. It is engaged in providing solutions to advance patient care in the areas of neurology, orphan and specialty medicines. The company markets three FDA-approved products for various neurological conditions including Gralise, tablets for the management of postherpetic neuralgia; CAMBIA, for acute treatment of migraine attacks with or without aura in adults 18 years of age or older; and Zipsor, liquid-filled capsules for relief of mild to moderate pain.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.