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Editas Medicine Q1 2023 Earnings Report

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$1.18 +0.05 (+4.42%)
As of 04:00 PM Eastern

Editas Medicine EPS Results

Actual EPS
-$0.71
Consensus EPS
-$0.79
Beat/Miss
Beat by +$0.08
One Year Ago EPS
-$0.74

Editas Medicine Revenue Results

Actual Revenue
$9.90 million
Expected Revenue
$3.29 million
Beat/Miss
Beat by +$6.61 million
YoY Revenue Growth
+45.60%

Editas Medicine Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

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Editas Medicine Earnings Headlines

Editas Medicine Q1 EPS Forecast Boosted by Zacks Research
Zacks Research Estimates Editas Medicine FY2027 Earnings
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Editas Medicine CFO Erick Lucera to step down, Amy Parison to succeed
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About Editas Medicine

Editas Medicine (NASDAQ:EDIT), a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.

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