financetom
Business
financetom
/
Business
/
MeiraGTx Swings to Q2 Profit, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MeiraGTx Swings to Q2 Profit, Revenue Rises
Aug 13, 2026 5:54 AM

08:17 AM EDT, 08/13/2026 (MT Newswires) -- MeiraGTx ( MGTX ) reported Q2 net income Thursday of $1.71 per diluted share, swinging from a net loss of $0.48 a year earlier.

Three analysts polled by FactSet expected a loss of $0.35.

Revenue for the quarter ended June 30 was $321.4 million, up from $3.7 million a year earlier.

Analysts polled by FactSet expected $0.7 million.

Shares of MeiraGTx ( MGTX ) were up 3.7% in Thursday 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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Delaware Supreme Court sides with Zantac drugmakers over cancer evidence
Delaware Supreme Court sides with Zantac drugmakers over cancer evidence
Jul 10, 2025
* Patients allege that heartburn drug caused their cancer * Court says expert opinions not backed by reliable science * FDA asked in 2020 that Zantac be pulled from market * Lawyer for patients had no immediate comment (Adds details from decision, attempts to obtain comment, case citation, byline) By Jonathan Stempel July 10 (Reuters) - Delaware's highest court ruled...
Velan Q1 sales rise 18.6%, raises dividend
Velan Q1 sales rise 18.6%, raises dividend
Jul 10, 2025
Overview * Velan's ( VLNSF ) fiscal Q1 sales rise 18.6% to $72.2 mln, boosting gross profit margin * Reports net income from continuing operations of $17.8 mln compared to loss of $2.2 mln a year earlier * Increases quarterly dividend to C$0.10 per share from C$0.03 Outlook * Velan ( VLNSF ) expects to deliver solid performance despite tariff...
Roku Insider Sold Shares Worth $2,241,032, According to a Recent SEC Filing
Roku Insider Sold Shares Worth $2,241,032, According to a Recent SEC Filing
Jul 10, 2025
06:00 PM EDT, 07/10/2025 (MT Newswires) -- Anthony J. Wood, 10% Owner, Director, CEO and Chairman of Board of Directors, on July 10, 2025, sold 25,000 shares in Roku ( ROKU ) for $2,241,032. Following the Form 4 filing with the SEC, Wood has control over a total of 503,034 Class A common shares of the company, with 11,953 shares...
Copyright 2023-2026 - www.financetom.com All Rights Reserved