Zai Lab's Q3 Loss Narrows, Revenue Rises

MT Newswires Live
12 Nov 2024

Zai Lab (ZLAB) posted a Q3 loss Tuesday of $0.04 per diluted share, narrowing from a loss of $0.07 a year earlier.

A single analyst surveyed by Capital IQ expected a loss of $0.09.

Revenue for the quarter ended Sept. 30 was $102.3 million, compared with $69.2 million a year earlier.

Four analysts polled by Capital IQ expected $102.2 million.

The company's shares rose almost 5% in recent Tuesday premarket activity.

Price: 32.10, Change: +1.48, Percent Change: +4.83

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10