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0.00129482071713143 0.00139442231075698 -0.00537848605577695 -0.00577689243027887 -0.0107569721115538 -0.0123505976095617 -0.00418326693227093 -0.0115537848605577
Stock impact report

CRSP's Q3 Loss Narrower Than Expected, Sales Miss Estimates [Yahoo! Finance]

CRISPR Therapeutics AG - Common Shares (CRSP) 
Last crispr therapeutics ag - common shares earnings: 8/7 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: nasdaq.com/symbol/crsp/real-time
Company Research Source: Yahoo! Finance
In the year-ago period, the company incurred a loss of $1.41 per share. Total revenues, though negligible, were entirely from grant revenues, which amounted to $0.6 million in the quarter. The reported figure significantly missed the Zacks Consensus Estimate of $6.4 million. CRSP did not generate revenues during the year-ago period. Research and development expenses fell 9% year over year to $82.2 million. This was due to reduced variable external research and manufacturing costs. General and administrative expenses declined 5% year over year to $17.4 million in the quarter. Collaboration expenses in the quarter amounted to $11.2 million, down 52% year over year. The downside was primarily due to the time it took to reach the deferral limit on costs related to the Casgevy program. As of Sept. 30, 2024, the company had cash, cash equivalents, marketable securities and accounts receivables of $1.9 billion compared with $2.0 billion as of June 30, 2024. Shares of CRISPR Thera Show less Read more
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