Bicycle Therapeutics Q2 2024 GAAP EPS $(0.77) Beats $(1.22) Estimate, Sales $9.361M Beat $6.071M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bicycle Therapeutics reported its Q2 2024 GAAP EPS of $(0.77), beating the estimate of $(1.22). The company's sales were $9.361 million, surpassing the expected $6.071 million.
August 06, 2024 | 12:00 pm
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Bicycle Therapeutics reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.77) compared to the estimated $(1.22) and sales of $9.361 million versus the expected $6.071 million.
The better-than-expected earnings and sales figures are likely to positively impact Bicycle Therapeutics' stock price in the short term. Investors often react favorably to companies that exceed earnings and sales expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100