SONN beat EPS expectations by 31.98%
Jan 28, 2025, 11:34 AM
-1.31%
What does SONN do
Sonnet BioTherapeutics Holdings, a clinical stage biotech based in Princeton, New Jersey, specializes in biologic medicines and has developed the FHAB technology for improved drug delivery in cancer treatment. Its lead assets include SON-1010 for solid tumors and SON-080 for chemotherapy-induced peripheral neuropathy.
Sonnet BioTherapeutics Holdings (SONN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Sonnet BioTherapeutics Holdings's actual EPS was -$3.83, beating the estimate of -$5.63 per share, resulting in a 31.98% surprise.
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