Orgenesis (OTCMKTS:ORGS) Releases Quarterly Earnings Results, Misses Expectations By $0.26 EPS

Orgenesis (OTCMKTS:ORGS) posted its quarterly earnings data on Monday. The company reported ($0.36) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.26), Fidelity Earnings reports. The firm had revenue of $7.76 million for the quarter, compared to the consensus estimate of $6.38 million.

Shares of OTCMKTS ORGS traded down $0.14 during mid-day trading on Tuesday, reaching $4.66. 19,447 shares of the company’s stock traded hands, compared to its average volume of 29,530. The business has a 50-day moving average of $4.47. Orgenesis has a 1-year low of $3.78 and a 1-year high of $9.25.

Separately, Zacks Investment Research upgraded shares of Orgenesis from a “sell” rating to a “hold” rating in a report on Wednesday, July 17th.

Orgenesis Company Profile

Orgenesis Inc is a regenerative therapy company. The Company operates through two segments: Contract Development and Manufacturing Organization (CDMO) and Cellular Therapy Business (CTB). The CDMO activity is operated by the Company’s subsidiary, MaSTherCell SA, which specializes in cell therapy development for advanced medicinal products.

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Earnings History for Orgenesis (OTCMKTS:ORGS)

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