Avidity Biosciences, Inc. (RNA) Reports Q4 Loss, Tops Revenue Estimates
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Avidity Biosciences, Inc. (RNA) reported a Q4 loss of $0.80 per share, which was better than the expected loss of $0.84 per share. The company also exceeded revenue estimates.
February 28, 2025 | 12:00 am
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Avidity Biosciences reported a Q4 loss of $0.80 per share, better than the expected $0.84 loss, and exceeded revenue estimates.
The company's reported loss was smaller than expected, and it exceeded revenue estimates, which is typically viewed positively by investors and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100