Fennec reports Q3 EPS (21c), consensus (9c)

Reports Q3 revenue $7.0M, consensus $8.98M. “I am pleased with the progress that we have made since recently joining Fennec (FENC) in August as CEO. We are making significant headway that will position us for near-term and sustainable growth, including market expansion to the Adolescent and Young Adult community with payor reimbursement, and adoption within prominent academic centers,” said CEO Jeff Hackman. “Our strategic and focused investments in educational initiatives reflect the strength of the foundation we are building upon with PEDMARK. Together with the recent executive leadership team appointments combined with Fennec’s talented employee base, I believe that we are well positioned to execute, accelerate growth and unlock value across all key market segments.”