Immunovant's Fiscal Q4 Net Loss Widens

MT Newswires Live
29 May

Immunovant (IMVT) reported a fiscal Q4 net loss Thursday of $0.64 per diluted share, wider than a loss of $0.52 a year earlier.

Analysts polled by FactSet expected a loss of $0.69.

As of March 31, the company said it held about $714 million in cash and cash equivalents, which will finance its current programs through a key readout in Graves' disease anticipated in 2027.

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