Precigen surges after Q1 revenue beat, narrower loss

Precigen

14/05/2026 11:29

** Shares of drugmaker Precigen PGEN.O jumps 23.8% to $5.14 premarket

** PGEN late on Wednesday reported Q1 revenue of $23.25 million, beating analysts' average estimate of $20.8 million, according to data compiled by LSEG

** Net loss for the quarter narrowed to $7.93 million from $54.15 million a year earlier

** As of last close, PGEN stock was down 0.7% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))