BioXcel Therapeutics, Inc. (BTAI) Reports Q3 Loss, Lags Revenue Estimates
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BioXcel Therapeutics, Inc. (BTAI) reported a Q3 loss of $0.32 per share, which was better than the Zacks Consensus Estimate of a $0.50 loss. This is an improvement from the $1.72 loss per share reported a year ago.
November 14, 2024 | 2:30 pm
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BioXcel Therapeutics reported a Q3 loss of $0.32 per share, better than the expected $0.50 loss, showing improvement from last year's $1.72 loss per share.
The better-than-expected earnings report is likely to have a positive short-term impact on BTAI's stock price. The improvement from last year's loss indicates progress, which could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100