Macrogenics: Q4 Earnings Insights

Macrogenics MGNX reported its Q4 earnings results on Thursday, March 7, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Macrogenics missed estimated earnings by -400.0%, reporting an EPS of $-0.75 versus an estimate of $-0.15.

Revenue was down $62.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.38 which was followed by a 17.0% increase in the share price the next day.

Here's a look at Macrogenics's past performance:

To track all earnings releases for Macrogenics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.