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Editas Medicine Announces Q3 Results: Both Loss and Revenue Beat Expectations

Associated Press · ·by G4L

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EDIT Editas Medicine Inc
$2.75 +7.00%
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  1. 1Editas Medicine Inc. reported a loss of $23.4 million for the third quarter.
  2. 2Editas Medicine Inc.'s loss per share of 15 cents was lower than the analyst estimate of 21 cents.
  3. 3Editas Medicine Inc.'s revenue of $10.4 million for the period exceeded the $1.7 million revenue estimate from 3 analysts surveyed by Zacks.

So what's the key point?

Editas Medicine Inc. reported a smaller loss and higher revenue than expected. The results came in better than what experts had predicted.

Source Associated Press · View original ↗

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