Compugen Q3 EPS $(0.11) Misses $(0.09) Estimate. Cash And Equivalents $57.5M
Portfolio Pulse from Benzinga Newsdesk
Compugen reported Q3 losses of $(0.11) per share, missing the analyst consensus estimate of $(0.09) by 22.22 percent. However, this is a 21.43 percent increase over losses of $(0.14) per share from the same period last year. The company's cash and equivalents stand at $57.5M.
November 07, 2023 | 12:05 pm
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NEGATIVE IMPACT
Compugen's Q3 earnings per share missed estimates, but showed improvement from the same period last year. The company's cash position remains strong.
Compugen's Q3 earnings per share missed analyst estimates, which could negatively impact the stock price in the short term. However, the year-over-year improvement in losses and the company's strong cash position could provide some buffer.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100