Monte Rosa Therapeutics (GLUE) Reports Q3 Loss, Tops Revenue Estimates
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Monte Rosa Therapeutics (GLUE) reported a Q3 loss of $0.29 per share, which was better than the Zacks Consensus Estimate of a $0.45 loss. This is an improvement from the $0.70 loss per share reported a year ago.
November 07, 2024 | 2:45 pm
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Monte Rosa Therapeutics reported a Q3 loss of $0.29 per share, better than the expected $0.45 loss, and an improvement from last year's $0.70 loss.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to positively impact the stock price in the short term. The improvement from the previous year's loss also suggests positive momentum.
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