MeiraGTx's Q1 Adjusted Loss Widens, Revenue Declines; Share Up Pre-Bell

MT Newswires Live

05/14

MeiraGTx (MGTX) reported a Q1 adjusted loss Thursday of $0.57 per diluted share, widening from a loss of $0.51 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.71.

Revenue for the quarter ended March 31 was $293,000, down from $1.9 million a year earlier.

Analysts polled by FactSet expected $17 million.

Shares of MeiraGTx were up 2% in recent Thursday premarket activity.

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