CORRECTION: Lipocine Q1 EPS $(0.54) Misses $(0.48) Estimate, Sales $119.397K Miss $162.500K Estimate

Lipocine Inc

Lipocine Inc

LPCN

0.00

Lipocine (NASDAQ: LPCN) reported quarterly losses of $(0.54) per share which missed the analyst consensus estimate of $(0.48) by 12.5 percent. This is a 54.29 percent decrease over losses of $(0.35) per share from the same period last year. The company reported quarterly sales of $119.397 thousand which missed the analyst consensus estimate of $162.500 thousand by 26.52 percent. This is a 27.20 percent increase over sales of $93.864 thousand the same period last year.