Brief: Alector Reports Fourth Quarter And Full Year 2022 Financial Results And Provides Corporate Update

Alector

28/02/2023 22:28

Feb 28 (Reuters) - Alector Inc  ALEC.O :
    * ALECTOR REPORTS FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL
RESULTS AND PROVIDES CORPORATE UPDATE
    * $712.9 MILLION IN CASH, CASH EQUIVALENTS AND INVESTMENTS
PROVIDE
RUNWAY THROUGH 2025
    * QTRLY LOSS PER SHARE  $0.63
    * Q4 EARNINGS PER SHARE VIEW $-0.46 -- REFINITIV IBES DATA
    * MANAGEMENT ANTICIPATES THAT CASH RUNWAY WILL BE SUFFICIENT
TO
FUND ALECTOR'S OPERATIONS THROUGH 2025

Source text for Eikon:  ID:nGNX8ZL6hK 
Further company coverage:  ALEC.O 

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