Thorne Healthtech Inc (THRN) reported upside earnings and revenue..
Analyst expectations for Thorne Healthtech Inc earnings per share (EPS) were at $0.06, with the company surpassing those estimates with a reported EPS of $0.15, leading to a positive surprise of $0.09 per share (150%). Thorne Healthtech Inc's earnings rose 400% year-over-year as the firm reported an EPS loss of $0.05 per share in its year-ago quarter. The positive annual growth shows the Consumer Defensive company is performing well amid recent economic conditions.
Revenues were upbeat at $72.7 million. That is an increase of 29.69% in revenues from the year-ago report and is 6.22% higher than consensus estimates set at $68.5 million.
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