Xilio Therapeutics Q2 EPS $(0.33) Beats $(0.59) Estimate, Sales $18.692M Beat $12.720M Estimate
Xilio Therapeutics (NASDAQ:XLO) reported quarterly losses of $(0.33) per share which beat the analyst consensus estimate of $(0.59) by 44.07 percent. This is a 85.27 percent increase over losses of $(2.24) per share
Xilio lost less money per share than experts predicted, and made more sales than expected—a sign the company is moving in a better direction. When a company loses less money and grows sales, it shows their business plan might be working, so it's worth watching how they do next quarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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