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 .
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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