Madrigal: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 08:12 AM ET
Last Updated - Jun 21, 2023, 09:38 PM EDT
WEST CONSHOHOCKEN, Pa. (AP) — WEST CONSHOHOCKEN, Pa. (AP) — Madrigal Pharmaceuticals Inc. (MDGL) on Tuesday reported a loss of $76.9 million in its first quarter.
The West Conshohocken, Pennsylvania-based company said it had a loss of $4.23 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $4.98 per share.
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