Zai Lab Q3 Loss Narrows, Revenue Rises; 2025 Revenue Outlook Revised
MT Newswires Live
Nov 06
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.