MacroGenics (MGNX) Beats Q3 Earnings and Revenue Estimates
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MacroGenics (MGNX) reported Q3 earnings of $0.90 per share, significantly surpassing the Zacks Consensus Estimate of $0.17 per share. This marks a substantial improvement from a loss of $0.52 per share in the same quarter last year.
November 06, 2024 | 1:45 am
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MacroGenics reported Q3 earnings of $0.90 per share, beating estimates and showing a significant improvement from last year's loss.
The significant earnings beat and improvement from a loss to a profit suggest strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100