Brief: Molecular Templates, Inc. Reports Third Quarter 2020 Financial Results And Provides A Corporate Update

Molecular Templates

05/11/2020 21:54

Nov 5 (Reuters) - Molecular Templates Inc  MTEM.O :
    * MOLECULAR TEMPLATES, INC. REPORTS THIRD QUARTER 2020
FINANCIAL
RESULTS AND PROVIDES A CORPORATE UPDATE
    * Q3 LOSS PER SHARE $0.47
    * Q3 REVENUE $4.3 MILLION VERSUS $3.6 MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $-0.55 -- REFINITIV IBES
DATA
    * Q3 REVENUE ESTIMATE $5.8 MILLION -- REFINITIV IBES DATA
    * AS OF SEPTEMBER 30, 2020, MTEM'S CASH AND INVESTMENTS
TOTALED
$118.2 MILLION, WHICH IS EXPECTED TO FUND OPERATIONS INTO 2H22

Source text for Eikon:  ID:nGNX7MzPY1 
Further company coverage:  MTEM.O 

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