Generation Bio Co. (GBIO) Reports Q3 Loss, Tops Revenue Estimates
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Generation Bio Co. (GBIO) reported a Q3 loss of $0.23 per share, which was better than the expected loss of $0.28 per share. This is an improvement from the $0.43 loss per share reported a year ago.
November 07, 2024 | 12:00 am
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Generation Bio Co. reported a Q3 loss of $0.23 per share, better than the expected $0.28 loss, and an improvement from last year's $0.43 loss per share.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to have a positive impact on GBIO's stock price in the short term. The improvement from the previous year's loss also suggests positive momentum.
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IMPORTANCE 80
RELEVANCE 100