Reneo Pharmaceuticals Q2 2024 GAAP EPS $(0.16) Up From $(0.65) YoY
Portfolio Pulse from Benzinga Newsdesk
Reneo Pharmaceuticals (NASDAQ:RPHM) reported a significant improvement in its Q2 2024 GAAP EPS, with losses narrowing to $(0.16) per share from $(0.65) per share in the same period last year, marking a 75.38% increase.
August 13, 2024 | 11:50 am
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Reneo Pharmaceuticals reported a significant improvement in its Q2 2024 GAAP EPS, with losses narrowing to $(0.16) per share from $(0.65) per share in the same period last year, marking a 75.38% increase.
The significant improvement in EPS indicates better financial performance and could positively impact investor sentiment, likely leading to a short-term increase in the stock price.
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