MediciNova Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
14 May
MediciNova Inc reports results for the quarter ended March 31 - Earnings Summary
  • MediciNova Inc MNOV.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The lone analyst forecast for the quarter was for a loss of 14 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • MediciNova Inc's reported EPS for the quarter was a loss of 6 cents​.

  • The company reported a quarterly loss of $2.86 million.

  • MediciNova Inc shares had fallen by 1.4% this quarter and lost 31.4% so far this year.

FORECAST CHANGES

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

  • Wall Street's median 12-month price target for MediciNova Inc is $7.50

This summary was machine generated from LSEG data May 14 at 02:22 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2025

-0.14

-0.06

Beat

Dec. 31 2024

-0.05

-0.06

Missed

Sep. 30 2024

-0.06

-0.06

Met

Jun. 30 2024

-0.06

-0.05

Beat

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