NexGel (NXGL) shares were up almost 18% in recent Thursday trading after the company reported preliminary Q3 revenue that more than doubled year-over-year.
Based on preliminary results, NexGel expects Q3 revenue of $2.9 million, up 133% year-over-year and above the Q3 guidance of $2.2 million provided in July, the company said.
One analyst polled by S&P Capital IQ expects Q3 revenue of $2.9 million.
NexGel said it is due to report Q3 results on or before Nov. 14.
Price: 2.82, Change: +0.42, Percent Change: +17.67
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