Sneak Preview of Neptune Wellness Solutions Inc. ($NEPT) 2Q21 Earnings

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Neptune Wellness Solutions Inc. (NASDAQ:NEPT) is reporting second quarter financial results on Monday 16th November 2020, after market close.

The Company Outlook

Revenue for 2Q21 are expected in a range of $ 28.00 million ~ $ 32.00 million

Click Here For More Historical Outlooks Of Neptune Wellness Solutions Inc.

Previous Quarter Performance

Neptune Wellness Solutions Inc. outlined loss for the first quarter of $ 0.13 per share, from the revenue of $ 21.36 million. The consensus estimates are loss of $ 0.02 per share

Stock Performance

On Friday, shares of Neptune Wellness Solutions Inc. has traded high as $ 1.97 and has cracked $ 1.84 on the downward trend, reaching $ 1.85 with volume of 599.70 thousand shares.

According to the previous trading day, closing price of $ 1.85, representing a 94.79 % increase from the 52 week low of $ 0.96 and a 47.77 % decrease over the 52 week high of $ 3.58.

The company has a market capital of $ 240.10 million and is part of the Consumer Defensive sector and Packaged Foods industry.

Conference Call

Neptune Wellness Solutions Inc. will be hosting a conference call at 4:30 PM eastern time on 16th November 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, 1 (888) 231-8191 or 1 (647) 427-7450 Outside U.S., and the passcode is 9196032 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website neptunecorp.com

Neptune Wellness Solutions Inc., a health and wellness products company, engages in the extraction, purification, and formulation of value-added differentiated science based products. It develops turnkey nutrition product solutions in various delivery forms. The company offers specialty ingredients, such as MaxSimil, a patented ingredient that enhances the absorption of lipid-based nutraceuticals, and various other marine and seed oils.