Molecular Templates Q2 EPS $(0.19) Up From $(0.43) YoY, Sales $6.63M Up From $4.42M YoY
Portfolio Pulse from Benzinga Newsdesk
Molecular Templates (NASDAQ:MTEM) reported Q2 earnings with losses of $(0.19) per share, a 55.81% improvement YoY. Sales also increased by 50.03% to $6.63 million compared to the same period last year.
August 10, 2023 | 12:21 pm
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Molecular Templates reported improved Q2 earnings with reduced losses and increased sales YoY.
The reported earnings show a significant improvement in Molecular Templates' financial performance compared to the same period last year. This could potentially lead to a positive reaction in the market, driving the stock price up in the short term.
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