financetom
Business
financetom
/
Business
/
Madrigal Pharmaceuticals' Q4 Net Loss Narrows, Revenue Tops Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Madrigal Pharmaceuticals' Q4 Net Loss Narrows, Revenue Tops Estimates
Feb 26, 2025 4:43 AM

07:25 AM EST, 02/26/2025 (MT Newswires) -- Madrigal Pharmaceuticals ( MDGL ) reported a Q4 net loss Wednesday of $2.71 per diluted share, narrowing from a loss of $5.68 a year earlier.

Analysts polled by FactSet expected EPS loss of $3.92.

Revenue for the quarter ended Dec. 31 was $103.3 million. Analysts surveyed by FactSet expected $99.1 million.

As of Dec. 31, the company said it had $931.3 million in cash and or cash equivalents on hand, compared with $634.1 million a year earlier.

The company shares were up almost 5% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved