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Stock impact report

Zai Lab Ltd (ZLAB) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Path to Profitability [Yahoo! Finance]

Zai Lab Limited - American Depositary Shares (ZLAB) 
US:NASDAQ Investor Relations: zailaboratory.com/about/investors.php
Company Research Source: Yahoo! Finance
ZEJULA Revenue: $48.2 million, a 16% increase year-over-year. NUZYRA Revenue: $10.0 million, an 82% increase year-over-year. Research and Development Expenses: $66.0 million, up from $58.8 million in the prior year period. Selling, General and Administrative Expenses: $67.2 million, down from $68.6 million in the prior year period. Loss from Operations: $67.9 million, $48.2 million on a non-GAAP basis, narrowed by 19% year-over-year. Net Loss: $41.7 million, improved by 40% year-over-year from $69.2 million. Cash Position: $716.1 million at the end of the quarter. Warning! GuruFocus has detected 5 Warning Signs with ZLAB. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Zai Lab Ltd ( NASDAQ:ZLAB ) reported a 47% year-over-year growth in total net product revenue for the third quarter, driven by strong sales of VYVGART, ZEJULA, and NUZYRA. The company achieved a 40% improvement in Show less Read more
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