Brief: Pardes Biosciences Reports First Quarter 2023 Financial Results

Pardes Biosciences

05/05/2023 21:04

Pardes Biosciences Inc  PRDS.O :
    * PARDES BIOSCIENCES REPORTS FIRST QUARTER 2023 FINANCIAL
RESULTS
    * Q1 EARNINGS PER SHARE VIEW $-0.41 -- REFINITIV IBES DATA
    * CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS AS OF
MARCH
31, 2023, WERE $172.2 MILLION
    * AS OF APRIL 30, 2023, PARDES' PRELIMINARY CASH, CASH
EQUIVALENTS
AND SHORT-TERM INVESTMENTS TOTALED APPROXIMATELY $168.2 MILLION
    * PARDES BIOSCIENCES- EXPECTS CASH, CASH EQUIVALENTS ON HAND
AS OF
MARCH 31, 2023, WILL BE SUFFICIENT TO FUND CURRENT PLANNED
OPERATIONS FOR NEXT 12 MONTHS

Source text for Eikon:  ID:nGNX8FSJSR 
Further company coverage:  PRDS.O