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Xenon Pharmaceuticals beats market expectations despite recording third-quarter loss

Associated Press +1 · ·by G4L

XENE
XENE Xenon Pharmaceuticals Inc
$40.45 +3.27%
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  1. 1Xenon Pharmaceuticals Inc. announced a third-quarter loss of $110.4 million on Monday.
  2. 2Xenon Pharmaceuticals recorded a loss of $1.11 per share in the third quarter.
  3. 3This result was better than the $1.14 per share loss expected by 7 analysts surveyed by Zacks Investment Research.

So what's the key point?

Xenon Pharmaceuticals reported a loss of $110.4 million in the third quarter. However, the loss was smaller than what experts had predicted.

Source Associated Press +1 · View original ↗

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