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Sep 30, 2020
Y-mAbs Q3 2020 Earnings Report
Y-mAbs reported financial results for the third quarter 2020.
Key Takeaways
Y-mAbs reported a net loss of $32.8 million, or ($0.82) per basic and diluted share, for the three months ended September 30, 2020, compared to a net loss of $23.9 million for the three months ended September 30, 2019.
Net loss of $32.8 million, or ($0.82) per basic and diluted share.
Research and development expenses were $21.0 million.
General and administrative expenses were $11.6 million.
The Company had approximately $131.3 million in cash and cash equivalents as of September 30, 2020
Forward Guidance
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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