Maravai LifeSciences (NASDAQ:MRVI) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.44 by 22.73 percent. This is a 107.69 percent increase over earnings of $0.26 per share
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Maravai LifeSciences (NASDAQ:MRVI) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.38 by 18.42 percent. This is a 246.15 percent increase over earnings of $0.13 per share
Here's a roundup of top developments in the biotech space over the last 24 hours.
Stocks In Focus
Kodiak's Wet AMD Treatment KSI-301 Did Not Meet Primary Endpoint In Phase 2b/3 Study
Biotech stock extended lower for a second straight week as risk aversion continued to pressure stocks amid geopolitical tensions and macroeconomic worries.