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Stock impact report

Elevation Oncology Inc (ELEV) Reports Financial Results for Q4 and Full Year 2023 [Yahoo! Finance]

Elevation Oncology, Inc. - Common stock (ELEV) 
Company Research Source: Yahoo! Finance
G&A Expenses : G&A expenses were down to $14.9 million for the full year 2023 from $15.8 million in 2022. Net Loss : ELEV reported a net loss of $7.9 million for Q4 2023, improving from a net loss of $19.0 million in Q4 2022. Financial Outlook : ELEV expects its current cash reserves to fund operations into Q4 2025. Warning! GuruFocus has detected 3 Warning Signs with ELEV. On March 6, 2024, Elevation Oncology Inc ( NASDAQ:ELEV ) released its 8-K filing , detailing the company's financial results for the fourth quarter and full year ended December 31, 2023. ELEV, an oncology company dedicated to developing targeted therapeutics for cancer treatment, has reported a year of strategic progress and financial management. Company Overview Elevation Oncology Inc is at the forefront of oncology, focusing on the development of targeted therapeutics for cancer treatment in genomically defined patient populations. With a lead program targeting neuregulin-1 (NRG1) fusions, ELEV is co Show less Read more
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