Mersana Therapeutics, Inc. (MRSN) Reports Q3 Loss, Tops Revenue Estimates
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Mersana Therapeutics, Inc. (MRSN) reported a Q3 loss of $0.09 per share, which was better than the Zacks Consensus Estimate of a $0.18 loss. This is an improvement from the $0.35 loss per share reported a year ago.
November 13, 2024 | 2:30 pm
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Mersana Therapeutics reported a Q3 loss of $0.09 per share, better than the expected $0.18 loss, and an improvement from last year's $0.35 loss.
Mersana Therapeutics' Q3 loss was significantly better than expected, indicating improved financial performance. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100