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GBIO - Generation Bio GAAP EPS of -$0.53 misses by $0.07
Generation Bio Co.
2023-05-10 17:28:46 ET
Generation Bio press release ( NASDAQ: GBIO ): Q1 GAAP EPS of -$0.53 misses by $0.07 .
Cash, cash equivalents, and marketable securities were $288.6 million as of March 31, 2023, not including an additional $47.5 million received in April 2023 from the collaboration with Moderna, compared to $279.1 million in cash, cash equivalents, and marketable securities as of December 31, 2022.
The company continues to believe that its cash position will fund its operating plan into 2025.