Galapagos Swings to Q1 Loss, Revenue Rises

MT Newswires Live
24 Apr

Galapagos (GLPG) reported a Q1 loss late Wednesday of 2.3 euros ($2.62) per diluted share, swinging from a profit of 1.4 euros a year earlier.

Total net revenue for the quarter ended March 31 was 75 million euros compared with 62.4 million euros a year earlier.

Analysts surveyed by FactSet expected 63.4 million euros.

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