Wave Life Sciences Reports Second Quarter 2023 Net Loss of $21.1 Million
Revenue Increases to $22.1 Million in Q2 2023
By USInMinutes
Published - Aug 04, 2023, 03:57 AM ET
Last Updated - Aug 04, 2023, 03:57 AM EDT
Wave Life Sciences Ltd.(WVE) released its unaudited fina ncial results for the second quarter of 2023, revealing a net loss of $21.1 million. Despite the loss, the company saw an increase in revenue, which reached $22.1 million during the same period. Let's take a closer look at the financial performance of Wave Life Sciences in the second quarter.
Net Income/Loss
The second quarter of 2023 saw Wave Life Sciences report a net loss of $21.1 million, compared to a net loss of $41.3 million in the same period last year. This improvement in net loss indicates the company's ongoing efforts to optimize its operations and financial performance.
