Vigil Neuroscience Q3 EPS $(0.53) Beats $(0.57) Estimate; Cash Position Of $133.6M Expected To Fund Its Operational Plans Into The First Quarter Of 2025
Portfolio Pulse from Benzinga Newsdesk
Vigil Neuroscience (NASDAQ:VIGL) reported Q3 losses of $(0.53) per share, beating the analyst consensus estimate of $(0.57) by 7.02%. The company's cash position of $133.6M is expected to fund its operational plans into Q1 2025.
November 07, 2023 | 12:28 pm
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Vigil Neuroscience reported better than expected Q3 earnings, with losses of $(0.53) per share, beating estimates by 7.02%. Its cash position of $133.6M is expected to fund operations into Q1 2025.
Vigil Neuroscience reported better than expected Q3 earnings, which is generally a positive signal for investors. The company's strong cash position, which is expected to fund its operations into Q1 2025, also provides financial stability and reduces the risk of cash flow problems in the near future.
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