MacroGenics Provides Update on Corporate Progress and First Quarter 2021 Financial Results

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Macrogenics (MGNX) Misses Q1 EPS by 29c, Revenues Miss

April 29, 2021 4:59 PM EDT

Macrogenics (NASDAQ: MGNX) reported Q1 EPS of ($0.90), $0.29 worse than the analyst estimate of ($0.61). Revenue for the quarter came in at $16.88 million versus the consensus estimate of $27.95 million.

With the recent launch and commercialization of MARGENZA, we are delivering on our vision to provide potentially... More