CorMedix Q3 2021 Financial Results Release Date
For those who are interested, gonna be a hit or miss event !
@Tupack H Mcsnacks How do you think they wil fare ? I've been reading up on their news and it seems like they might miss their target EPS for this quarter, if it's a miss then it will affect their share price when the market opens the next day :/ However, they do have some big events coming up soon like the FDA and two abstracts being presented at the American Society of Nephrology (ASN) conference being held virtually November 4 – 8.
@Tupack H Mcsnacks How do you think they wil fare ? I've been reading up on their news and it seems like they might miss their target EPS for this quarter, if it's a miss then it will affect their share price when the market opens the next day :/ However, they do have some big events coming up soon like the FDA and two abstracts being presented at the American Society of Nephrology (ASN) conference being held virtually November 4 – 8.
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Haiyaaaa9696 : Can you try to explain the content of this letter to me?
Mcsnacks H Tupack : CCXI is that same day also. The FDA date and news is what the CRMD investors want to know about. Not concerned with the ER.
KS_TAN : strongly agreed!
SG_Rookie OP Mcsnacks H Tupack : Yeah I agree,major thing is still FDA. But I was thinking if the ER misses the target then it might cost some fluctuation in the share price ?? However , if there's good news from FDA , I think it would definitely outweight the negativity of it's ER target miss.
Mcsnacks H Tupack SG_Rookie OP : Investing is about future prospects. Not past results.
KS_TAN : getting FDA approval and commercialised defencath in US will boost their earning and improve the ER.
SG_Rookie OP KS_TAN : Yeah , but it's gonna take awhile for them to see the increase in revenue.
KS_TAN : stock price represent future stock performance..that is why stock surged immediately when forecast is raised
Mcsnacks H Tupack SG_Rookie OP : You do know that a company’s revenue has nothing to do with Market price anymore right? They could make 100billion dollars and investors wouldn’t get any unless they did buybacks or dividends.
SG_Rookie OP Mcsnacks H Tupack : Yup, I am aware of it :)