Recap: IGM Biosciences Q1 Earnings

IGM Biosciences IGMS reported its Q1 earnings results on Friday, May 12, 2023 at 09:05 AM.

Here's what investors need to know about the announcement.

Earnings

IGM Biosciences beat estimated earnings by 2.92%, reporting an EPS of $-1.33 versus an estimate of $-1.37.

Revenue was up $522 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 19.27% drop in the share price the next day.

To track all earnings releases for IGM Biosciences visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.