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Crescent Biopharma, Inc. Third Quarter Results Miss Estimates

Associated Press · ·by G4L

CBIO
CBIO Crescent Biopharma Inc
$14.37 -2.61%
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  1. 1Crescent Biopharma, Inc. reported a third quarter loss of $37.7 million on Thursday.
  2. 2Crescent Biopharma, Inc. reported a loss of 90 cents per share for the third quarter.
  3. 3Crescent Biopharma, Inc. recorded revenue of $3.1 million for the period.

So what's the key point?

Crescent Biopharma, Inc. recorded a loss of $37.7 million in the third quarter. This means the results were not as good as experts had expected.

Source Associated Press · View original ↗

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