Aradigm Corporation (ARDM) Scheduled to Post Earnings on Tuesday
Aradigm Corporation (NASDAQ:ARDM) is set to release its earnings data before the market opens on Tuesday, August 8th. Analysts expect Aradigm Corporation to post earnings of ($0.30) per share for the quarter.
Aradigm Corporation (NASDAQ:ARDM) last posted its earnings results on Monday, May 15th. The company reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.18. Aradigm Corporation had a negative return on equity of 665.03% and a negative net margin of 1,515.94%. The company had revenue of $1.69 million for the quarter. On average, analysts expect Aradigm Corporation to post $-1.45 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Aradigm Corporation (NASDAQ ARDM) opened at 1.13 on Monday. The firm’s market cap is $16.73 million. Aradigm Corporation has a 52-week low of $0.78 and a 52-week high of $7.19. The stock has a 50 day moving average price of $1.39 and a 200 day moving average price of $1.54.
Separately, Zacks Investment Research lowered shares of Aradigm Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, May 23rd.
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Aradigm Corporation Company Profile
Aradigm Corporation is a pharmaceutical company focused on the development and commercialization of products for the treatment and prevention of severe respiratory diseases. The Company’s lead product candidate is Pulmaquin inhaled ciprofloxacin, which is in Phase III clinical trials. It offers AERx pulmonary drug delivery platform and other technologies.
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