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Friday, February 28, 2020

Sangamo Therapeutics beats Q4 consensus

Sangamo Therapeutics (SGMO) Q4 results:
Revenues: $54.9M (+104.9%).
Net Income: $4.6M (+124.6%); EPS: $0.04 (+122.2%); Quick Assets: $385M (-3.9%).
The increase in revenue was primarily attributable to a $25M and $7.5M milestone payments received from Pfizer and Sanofi, respectively.
Shares are up 36% premarket.
https://seekingalpha.com/news/3546967-sangamo-therapeutics-beats-q4-consensus

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