Exicure Q1 EPS $(0.70) Up From $(2.10) YoY; Cash, Cash Equivalents And Restricted Cash Were $11.2M As Of March 31, 2023
Portfolio Pulse from Benzinga Newsdesk
Exicure reported Q1 losses of $(0.70) per share, a 66.67% increase over losses of $(2.10) per share from the same period last year. The company's cash, cash equivalents and restricted cash were $11.2M as of March 31, 2023.
July 14, 2023 | 8:04 pm
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NEUTRAL IMPACT
Exicure's Q1 losses have improved significantly compared to the same period last year. However, the company is still operating at a loss.
While Exicure's losses have decreased significantly, the company is still operating at a loss, which may not immediately translate into a positive impact on the stock price. However, the improvement in financial performance could be seen as a positive sign by investors, potentially stabilizing the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100