JNCE - Jounce Therapeutics GAAP EPS of -$0.72 misses by $0.15

Jounce Therapeutics press release (NASDAQ:JNCE): Q1 GAAP EPS of -$0.72 misses by $0.15. Gross cash burn on operating expenses and capital expenditures for the full year 2022 is expected to be approximately $115.0 million to $130.0 million. Given the strength of its balance sheet, Jounce expects its existing cash, cash equivalents and investments to be sufficient to enable the funding of its operating expenses and capital expenditure requirements through the third quarter of 2023.

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Jounce Therapeutics GAAP EPS of -$0.72 misses by $0.15