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home / news releases / adagene adr gaap eps of 1 48 beats by 0 04 revenue o

ADAG - Adagene ADR GAAP EPS of -$1.48 beats by $0.04 revenue of $9.29M beats by $0.45M

Adagene Inc.

2023-03-28 16:44:26 ET

  • Adagene ADR press release ( NASDAQ: ADAG ): FY GAAP EPS of -$1.48 beats by $0.04 .
  • Revenue of $9.29M (-8.9% Y/Y) beats by $0.45M .

  • Cash balance of US$143.8 million supports streamlined operations into 2025 -

  • Cash and cash equivalents were US$143.8 million as of December 31, 2022, compared to US$174.4 million as of December 31, 2021.
  • The net loss attributable to Adagene Inc.’s shareholders was US$80.0 million for the year ended December 31, 2022, compared to US$73.2 million for the year ended December 31, 2021.

For further details see:

Adagene ADR GAAP EPS of -$1.48 beats by $0.04, revenue of $9.29M beats by $0.45M
Stock Information
Company Name: Adagene Inc.
Stock Symbol: ADAG
Market: NASDAQ
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