Zai Lab (ZLAB) reported a Q3 loss Thursday of $0.33 per American depositary share, narrower than a loss of $0.42 a year earlier.

Analysts polled by FactSet expected a loss of $0.29.

Total revenue for the quarter ended Sept. 30 was $116.1 million, compared with $102.3 million a year earlier.

Analysts surveyed by FactSet expected $141.7 million.

The company said it now expects full year 2025 total revenue of at least $460 million, compared with $560 million to $590 million guidance in August.

Shares of the company were down 6.7% in recent premarket activity Thursday.