IO Biotech, Inc. (IOBT) revealed Loss for second quarter that decreased from the same period last year and beat the Street estimates.
The company's earnings came in at -$20.69 million, or -$0.31 per share. This compares with -$21.18 million, or -$0.74 per share, in last year's second quarter.
Analysts on average had expected the company to earn -$0.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
IO Biotech, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): -$20.69 Mln. vs. -$21.18 Mln. last year.-EPS (Q2): -$0.31 vs. -$0.74 last year.
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