Delcath Systems reports a narrower GAAP loss and higher revenue for the quarter, exceeding analyst expectations.
Delcath Systems reported a GAAP loss per share of $0.03, beating expectations by $0.07. Revenue reached $24.99M, surpassing estimates by $1.58M.
Analysts had anticipated a wider loss and lower revenue for the period. The company’s performance reflects improved operational results compared to prior quarters.
Shares may react positively to the earnings beat, though market impact remains to be seen.