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DMOST

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DMOST

Re: None

Tuesday, 08/07/2018 8:31:08 AM

Tuesday, August 07, 2018 8:31:08 AM

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Madrigal: 2Q Earnings Snapshot

WEST CONSHOHOCKEN, Pa. (AP) _ Madrigal Pharmaceuticals Inc. (MDGL) on Tuesday reported a loss of $6.5 million in its second quarter.

On a per-share basis, the West Conshohocken, Pennsylvania-based company said it had a loss of 45 cents.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.

Madrigal shares have more than doubled since the beginning of the year. The stock has risen fifteenfold in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stoc

https://finance.yahoo.com/news/madrigal-2q-earnings-snapshot-110158778.html

GO MDGL

"PEACE"
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