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ASRT

Assertio Holdings, Inc.

$1.07

Earnings Summary

Revenue
$32.45Mn
Net Profits
$-4.51Mn
Net Profit Margins
-13.9%

Highlights

Revenue:

Assertio Holdings, Inc.’s revenue fell -23.59% since last year same period to $32.45Mn in the Q1 2024. On a quarterly growth basis, Assertio Holdings, Inc. has generated -1.63% fall in its revenue since last 3-months.

Net Profits:

Assertio Holdings, Inc.’s net profit fell -29.45% since last year same period to $-4.51Mn in the Q1 2024. On a quarterly growth basis, Assertio Holdings, Inc. has generated 92.14% jump in its net profits since last 3-months.

Net Profit Margins:

Assertio Holdings, Inc.’s net profit margin fell -69.41% since last year same period to -13.9% in the Q1 2024. On a quarterly growth basis, Assertio Holdings, Inc. has generated 92.01% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Assertio Holdings, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.03
EPS Estimate Current Year
-0.03

Highlights

EPS Estimate Current Quarter:

Assertio Holdings, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Assertio Holdings, Inc.’s earning per share (EPS) estimates for the current year stand at -0.03.

Key Ratios

Key ratios of the Assertio Holdings, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
-0.05
Return on Assets (ROA)
0.01
Return on Equity (ROE)
-1.73

Highlights

Earning Per Share (EPS):

Assertio Holdings, Inc.’s earning per share (EPS) jumped 28.57% since last year same period to -0.05 in the Q1 2024. This indicates that the Assertio Holdings, Inc. has generated 28.57% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Assertio Holdings, Inc.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Assertio Holdings, Inc.’s return on equity (ROE) stands at -1.73.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
-0.03
-0.05
-66.67%