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Tuesday, 11/06/2018 9:54:59 AM

Tuesday, November 06, 2018 9:54:59 AM

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Madrigal: 3Q Earnings Snapshot
[Associated Press]
Associated Press•November 6, 2018

WEST CONSHOHOCKEN, Pa. (AP) _ Madrigal Pharmaceuticals Inc. (MDGL) on Tuesday reported a loss of $8.5 million in its third quarter.

On a per-share basis, the West Conshohocken, Pennsylvania-based company said it had a loss of 56 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.

Madrigal shares have more than doubled since the beginning of the year. The stock has more than quadrupled in the last 12 months.
https://finance.yahoo.com/news/madrigal-3q-earnings-snapshot-133229273.html

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