07:02 AM EST, 11/12/2024 (MT Newswires) -- 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