a day ago
- Business
- San Francisco Chronicle
MacroGenics: Q2 Earnings Snapshot
ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — MacroGenics Inc. (MGNX) on Thursday reported a loss of $36.3 million in its second quarter.
The Rockville, Maryland-based company said it had a loss of 57 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The biopharmaceutical company posted revenue of $22.2 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $21.2 million.
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