Madrigal: Q4 Earnings Snapshot

We may earn a commission from links on this page.

WEST CONSHOHOCKEN, Pa. (AP) — WEST CONSHOHOCKEN, Pa. (AP) — Madrigal Pharmaceuticals Inc. (MDGL) on Wednesday reported a loss of $112.2 million in its fourth quarter.

On a per-share basis, the West Conshohocken, Pennsylvania-based company said it had a loss of $5.68.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $5.32 per share.

Advertisement

For the year, the company reported a loss of $373.6 million, or $19.99 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDGL at https://www.zacks.com/ap/MDGL