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Hutchmed H1 Earnings, Revenue Fall
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Hutchmed H1 Earnings, Revenue Fall
Jul 31, 2024 7:17 AM

09:50 AM EDT, 07/31/2024 (MT Newswires) -- Hutchmed ( HCM ) reported H1 earnings Wednesday of $0.15 per diluted American depositary share, down from $0.97 a year earlier.

Total revenue for the six months ended June 30 was $305.7 million, down from $532.9 million a year earlier.

Two analysts surveyed by Capital IQ expected $319.4 million.

As of June 30, the company said it had $802.5 million in cash and cash equivalents and short-term investments.

Price: 18.77, Change: +0.77, Percent Change: +4.28

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