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Stock impact report

Seres Therapeutics Inc (MCRB) Reports Encouraging Sales Growth and Strategic Cost Savings in 2023 [Yahoo! Finance]

Seres Therapeutics, Inc. (MCRB) 
Last seres therapeutics, inc. earnings: 11/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.serestherapeutics.com
Company Research Source: Yahoo! Finance
Research and Development: R&D expenses dropped to $26.8 million in Q4, down from $46.2 million in Q4 2022. General and Administrative Expenses: G&A expenses were $17.2 million in Q4, a decrease from $22.4 million in the same period last year. Restructuring Savings: Anticipated annual cash savings of $75-$85 million starting in 2024. Cash Runway: Year-end cash balance expected to support operations into Q4 2024. Warning! GuruFocus has detected 8 Warning Signs with MCRB. On March 5, 2024, Seres Therapeutics Inc ( NASDAQ:MCRB ) released its 8-K filing , announcing the fourth quarter and full year financial results for 2023. The company, a pioneer in microbiome therapeutics, has made significant strides with the launch of its first commercial product, VOWST, for the prevention of recurrent Clostridioides difficile infection (CDI). Company Overview Seres Therapeutics Inc is a trailblazer in the field of microbiome therapeutics, operating primarily in the United States. The c Show less Read more
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