Kiora Pharmaceuticals (NASDAQ:KPRX) Posts Quarterly Earnings Results, Misses Estimates By $0.40 EPS

Kiora Pharmaceuticals (NASDAQ:KPRX) released its quarterly earnings results on Tuesday. The company reported ($1.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.64) by ($0.40), Zacks reports. The firm had revenue of $0.75 million for the quarter, compared to analyst estimates of $0.75 million.

Kiora Pharmaceuticals Stock Performance

Shares of Kiora Pharmaceuticals stock opened at $3.04 on Wednesday. The firm’s 50-day simple moving average is $3.50 and its 200-day simple moving average is $3.49. Kiora Pharmaceuticals has a 1 year low of $2.91 and a 1 year high of $6.48.

Kiora Pharmaceuticals Company Profile

Kiora Pharmaceuticals, Inc, a clinical-stage specialty pharmaceutical company, develops and commercializes therapies for the treatment of ophthalmic diseases in the United States. Its lead product is KIO-301, a potential vision-restoring small molecule, which is in Phase 1b clinical trial that acts as a photoswitch to restore vision in patients with inherited and age-related degenerative retinal diseases.