Marinus Pharmaceuticals: Q3 Earnings Snapshot
News > Business News
Audio By Carbonatix
7:08 AM on Tuesday, November 9, 2021
The Associated Press
RADNOR, Pa. (AP) _ Marinus Pharmaceuticals Inc. (MRNS) on Tuesday reported a loss of $19.5 million in its third quarter.
On a per-share basis, the Radnor, Pennsylvania-based company said it had a loss of 53 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 76 cents per share.
The epilepsy drug developer posted revenue of $10.1 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $2.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRNS at https://www.zacks.com/ap/MRNS