Cabaletta Bio Q2 EPS $(0.34) Beats $(0.39) Estimate
Cabaletta Bio (NASDAQ:CABA) reported quarterly losses of $(0.34) per share which beat the analyst consensus estimate of $(0.39) by 12.82 percent. This is a 53.42 percent increase over losses of $(0.73) per share from
Cabaletta Bio lost less money than experts thought it would this quarter, which is good news for a company still growing. When a company that's spending money to develop new medicines loses less than expected, it shows they're managing their cash wisely.
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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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