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Coherus Oncology Misses Q3 Loss and Revenue Estimates

Associated Press +2 · ·by G4L

CHRS
CHRS Coherus Oncology Inc
$0.82 +6.18%
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  1. 1Coherus Oncology, Inc. reported a Q3 loss of $39.3 million on Monday.
  2. 2Coherus Oncology, Inc. revenue of $14.3 million for the period fell below market expectations.
  3. 3The figure was lower than the $15.9 million revenue estimate from 3 analysts surveyed by Zacks.

So what's the key point?

Coherus Oncology, Inc. reported a loss of $39.3 million in the third quarter instead of making a profit. Revenue also came in lower than what experts expected, which is unfavorable news for investors.

Source Associated Press +2 · View original ↗

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