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Compugen (CGEN) Reports Q1 Loss, Misses Revenue Estimates

May 20, 2024, 9:16 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Compugen reported a quarterly loss of $0.08 per share, beating estimates by 20%. - Revenues for the quarter totaled $2.56 million, missing estimates by 8.28%. - Compugen shares have gained 6.6% this year, underperforming the S&P 500. - Estimate revisions trend for Compugen is currently mixed, with a Zacks Rank #3 (Hold). - Industry outlook can impact stock performance, Medical - Biomedical and Genetics ranks in top 35%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis

  • Compugen reported a quarterly loss of $0.08 per share, beating estimates by 20%.
  • Revenues for the quarter totaled $2.56 million, missing estimates by 8.28%.
  • Compugen shares have gained 6.6% this year, underperforming the S&P 500.
  • Estimate revisions trend for Compugen is currently mixed, with a Zacks Rank #3 (Hold).
  • Industry outlook can impact stock performance, Medical - Biomedical and Genetics ranks in top 35%.

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