Madrigal: 4Q Earnings Snapshot

Associated Press
Updated 1 min read
0
In this article:

WEST CONSHOHOCKEN, Pa. (AP) _ Madrigal Pharmaceuticals Inc. (MDGL) on Thursday reported a loss of $59.1 million in its fourth quarter.

The West Conshohocken, Pennsylvania-based company said it had a loss of $3.82 per share.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for a loss of $3.82 per share.

For the year, the company reported that its loss widened to $202.2 million, or $13.09 per share.

Madrigal shares have risen 10% since the beginning of the year. The stock has climbed 38% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDGL at https://www.zacks.com/ap/MDGL

Advertisement

Recommended Stories