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Stock impact report

Macrogenics Inc (MGNX) Reports Strong Financial Position and Advancements in Cancer Treatment ... [Yahoo! Finance]

MacroGenics, Inc. (MGNX) 
Last macrogenics, inc. earnings: 11/6 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.macrogenics.com
Company Research Source: Yahoo! Finance
Revenue : Total revenue decreased to $58.7 million in 2023 from $151.9 million in 2022, primarily due to a decrease in collaborative and other agreements. R&D Expenses : Decreased to $166.6 million in 2023 from $207.0 million in 2022, reflecting lower manufacturing and development costs. SG&A Expenses : Decreased to $52.2 million in 2023 from $58.9 million in 2022, mainly due to reduced selling costs for MARGENZA. Net Loss : Significantly reduced to $9.1 million in 2023 from a net loss of $119.8 million in 2022. Shares Outstanding : As of December 31, 2023, there were 62,070,627 shares of common stock outstanding. Warning! GuruFocus has detected 9 Warning Signs with MGNX. On March 7, 2024, Macrogenics Inc ( NASDAQ:MGNX ) released its 8-K filing , detailing the company's financial results for the year ended December 31, 2023, and providing an update on its corporate progress. Macrogenics, a biopharmaceutical company, is at the forefront of developing antibody-based therape Show less Read more
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