2023-04-27 18:32
Seagen (NASDAQ:SGEN) Issues Earnings Results, Misses Estimates By $0.11 EPS
Seagen ( NASDAQ:SGEN – Get Rating ) released its quarterly earnings data on Thursday. The biotechnology company reported ($0.93) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.11), Briefing.com reports. Seagen had a negative net margin of 31.10% and a negative return on equity of 21.13%. The firm had revenue of $519.70 million during the quarter, compared to analysts' expectations of $516.28 million. During the same quarter in the previous year, the firm posted ($0.
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