Neos Therapeutics (NEOS) Posts Earnings Results, Beats Expectations By $0.02 EPS
Neos Therapeutics (NASDAQ:NEOS) posted its quarterly earnings data on Thursday. The company reported ($0.23) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.25) by $0.02, MarketWatch Earnings reports.
Neos Therapeutics stock opened at $2.59 on Friday. The firm has a market capitalization of $65.89 million, a PE ratio of -0.97 and a beta of 0.96. Neos Therapeutics has a 1-year low of $1.40 and a 1-year high of $9.24.
An institutional investor recently raised its position in Neos Therapeutics stock. Geode Capital Management LLC lifted its holdings in Neos Therapeutics Inc (NASDAQ:NEOS) by 41.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367,496 shares of the company’s stock after purchasing an additional 107,627 shares during the quarter. Geode Capital Management LLC owned about 1.24% of Neos Therapeutics worth $606,000 as of its most recent SEC filing. Institutional investors and hedge funds own 85.15% of the company’s stock.
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About Neos Therapeutics
Neos Therapeutics, Inc, a pharmaceutical company, develops, manufactures, and commercializes products for the treatment of attention deficit hyperactivity disorder (ADHD) using its drug delivery technology platform. Its product candidates are extended-release (XR) medications in orally disintegrating tablets or liquid suspension dosage forms.
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