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0.00386411205924975 0.00419256158428601 0.00512316857188866 0.00305908871357277 -0.000805023345676979 -0.00660119143455155 -0.0120753501851554 -0.0101432941555304
Stock impact report

Rocket (RCKT) Registers Narrower-Than-Expected Loss in Q4 [Yahoo! Finance]

Rocket Pharmaceuticals, Inc. (RCKT) 
Last rocket pharmaceuticals, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: rocketpharma.com
Company Research Source: Yahoo! Finance
In the year-ago quarter, the company posted a loss of 92 cents. As the company lacks any marketed product in its portfolio, it did not record any revenues during the quarter. Quarter in Detail In the reported quarter, general and administrative (G&A) expenses rose 13% year over year to $21.5 million, due to pre-commercialization activities and higher employee-related costs. Research and development (R&D) expenses were $41.7 million, down 17% from the year-ago quarter's figure. As of Dec 31, 2023, Rocket Pharmaceuticals had cash, cash equivalents and investments of $407.5 million compared with $437.2 million on Sep 30, 2023. Management expects this cash balance to fund operations and meet capital expenditure requirements into 2026. Year to date, the stock has lost 0.6% against the industry's 0.5% rise. Full-Year Results Devoid of marketed products, Rocket did not record any revenues during the year. The company reported a loss of $2.92 per share for full-year 2023. In Show less Read more
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