Recap: Macrogenics Q1 Earnings

Macrogenics MGNX reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.

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

Macrogenics missed estimated earnings by 235.56%, reporting an EPS of $-0.61 versus an estimate of $0.45.

Revenue was up $13.39 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 10.25% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.10	-0.38	-0.97	-0.86
EPS Actual	0.21	-0.40	-0.67	-1.08
Revenue Estimate	58.78M	33.83M	13.77M	21.48M
Revenue Actual	73.10M	41.73M	26.01M	11.10M

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.

Earnings Calendar