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C4 Therapeutics, Inc. [CCCC]  posts $128.18M profit as revenue falls 32.08% to $31.10M

C4 Therapeutics, Inc. [CCCC] posts $128.18M profit as revenue falls 32.08% to $31.10M

By USInMinutes
Published - Feb 24, 2023, 03:30 AM ET
Last Updated - Mar 06, 2023, 02:31 PM EST
 Net Sales: $31.10M  
C4 Therapeutics, Inc. Logo


C4 Therapeutics, Inc. [CCCC] posted a profit of $128.18M, marking a rise of 252.79% for this year.

Revenue fell to $31.10M this year compared to $45.78M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $128.18M, up 252.79% from $-83.89M.

The company’s net sales for the period were $31.10M, down 32.08%. Net sales in the previous year were $45.78M.

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