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IGMS - IGM Biosciences GAAP EPS of -$1.53 beats by $0.15
IGM Biosciences Inc.
IGM Biosciences press release (NASDAQ:IGMS): Q1 GAAP EPS of -$1.53 beats by $0.15. Cash and Investments: Cash and investments as of March 31, 2022 were $187.5M. IGM reiterates its previously issued financial guidance expecting full year GAAP operating expenses of $250M to $260M including estimated non-cash stock-based compensation expense of approximately $50M. Expects to end 2022 with a balance of over $390M in cash and investments.