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Earnings

Macrogenics: Q1 Earnings Insights

Macrogenics (NASDAQ:MGNX) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Macrogenics missed estimated earnings by 25.58%, reporting an EPS of $-1.08 versus an estimate of $-0.86.

byBenzinga Insights

May 3, 2022

1 minute read

Macrogenics (NASDAQ:MGNX) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Macrogenics missed estimated earnings by 25.58%, reporting an EPS of $-1.08 versus an estimate of $-0.86.

Revenue was down $5.78 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.14 which was followed by a 7.82% drop in the share price the next day.

To track all earnings releases for Macrogenics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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