During Q1, Mersana Therapeutics's (NASDAQ:MRSN) reported sales totaled $11.00 thousand. Despite a 20.35% in earnings, the company posted a loss of $34.61 million. Mersana Therapeutics collected $10.00 thousand in revenue during Q4, but reported earnings showed a $28.76 million loss.
Companies Reporting Before The Bell
• Revlon (NYSE:REV) is likely to report earnings for its first quarter.
• Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.
Biotech stocks came under pressure in the week ended May 7 as traders digested a slew of earnings news flow and a handful of clinical trial readouts. COVID-19 vaccine stocks came under pressure following the U.S.