Intrexon Reports First Quarter 2019 Financial Results

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Go back to Intrexon Reports First Quarter 2019 Financial Results

Intrexon (XON) Misses Q1 EPS by 8c, Revenues Miss

May 9, 2019 4:41 PM EDT

Intrexon (NASDAQ: XON) reported Q1 EPS of ($0.40), $0.08 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $23.3 million versus the consensus estimate of $32.12 million.

Total revenues of $23.3 million;Net loss of $60.7 million attributable to Intrexon, or $(0.40) per basic share, including non-cash charges of $17.8 million;Adjusted EBITDA of $(39.2) million, or $(0.26) per basic share; andCash, cash equivalents, and short-term investments totaled $181.6 million and the value of common equity securities totaled $1.8 million at March 31, 2019.

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