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Stock impact report

G1 Therapeutics Inc (GTHX) Reports Strong Revenue Growth in 2023 [Yahoo! Finance]

G1 Therapeutics, Inc. (GTHX) 
Last g1 therapeutics, inc. earnings: 2/26 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fourth Quarter Performance : The company reported a 29% growth in net COSELA revenue in Q4 2023, reaching $13.9 million. Operational Efficiency : Operating expenses significantly reduced, contributing to a lower net loss compared to the previous year. Research and Development : R&D expenses decreased as the company focused on ongoing clinical trials, including the pivotal PRESERVE 2 trial. 2024 Revenue Guidance : G1 Therapeutics provided a net revenue guidance of $60 to $70 million for COSELA in 2024. Financial Position : The company ended 2023 with $82.2 million in cash, cash equivalents, and marketable securities, extending its cash runway into 2025. Warning! GuruFocus has detected 4 Warning Signs with GTHX. G1 Therapeutics Inc ( NASDAQ:GTHX ), a commercial-stage biopharmaceutical company, released its 8-K filing on February 28, 2024, detailing its financial results for the fourth quarter and full year of 2023. The company, known for developing novel therapies for cance Show less Read more
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