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Mersana Therapeutics Q1 2023 Earnings Report

Mersana Therapeutics logo
$0.53 +0.01 (+0.98%)
As of 02/21/2025 04:00 PM Eastern

Mersana Therapeutics EPS Results

Actual EPS
-$0.52
Consensus EPS
-$0.41
Beat/Miss
Missed by -$0.11
One Year Ago EPS
-$0.59

Mersana Therapeutics Revenue Results

Actual Revenue
$7.80 million
Expected Revenue
$18.29 million
Beat/Miss
Missed by -$10.49 million
YoY Revenue Growth
+290.00%

Mersana Therapeutics Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Mersana Therapeutics Earnings Headlines

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Mersana Therapeutics initiated with an Outperform at William Blair
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About Mersana Therapeutics

Mersana Therapeutics (NASDAQ:MRSN), a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet needs. The company develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen ADC. It has research and development collaborations with Janssen Biotech, Inc., Ares Trading S.A., Merck KGaA, and Asana BioSciences, LLC for the development of ADC product candidates. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.

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