MeiraGTx Reports Third Quarter Earnings Miss on Both Top and Bottom Lines
MeiraGTx (MGTX) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) loss of $0.53, missing estimates by $0.03. Despite a significant year-over-year revenue increase of 1,073.2%, reaching $4.81 million, the figure missed consensus estimates by $2.21 million. The substantial revenue growth highlights scaling operations, but the miss on both earnings and revenue suggests ongoing volatility in meeting analyst projections.
Tickers: $MGTX
Topics: EPS miss quarterly earnings revenue miss
Read the full article at Seeking Alpha
Part of the story Elemental Altus Royalties Reports Q3 Revenue of $20.81 Million, Missing Estimates (2 articles)