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Black Diamond: Q1 Earnings Snapshot
By AP News - May 09, 2023, 07:48 AM ET
Last Updated - Jun 21, 2023, 09:39 PM EDT
CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Tuesday reported a loss of $20.9 million in its first quarter.
The Cambridge, Massachusetts-based company said it had a loss of 57 cents per share.
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The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 61 cents per share.
The company's shares closed at $1.92. A year ago, they were trading at $2.06.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a BDTX">Zacks stock report on BDTX at https://www.zacks.com/ap/BDTX
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