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IGM Biosciences Q4 2023 Earnings Report

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$6.90 -0.15 (-2.13%)
(As of 12/20/2024 05:45 PM ET)

IGM Biosciences EPS Results

Actual EPS
-$1.01
Consensus EPS
-$1.06
Beat/Miss
Beat by +$0.05
One Year Ago EPS
N/A

IGM Biosciences Revenue Results

Actual Revenue
$0.65 million
Expected Revenue
$0.95 million
Beat/Miss
Missed by -$300.00 thousand
YoY Revenue Growth
N/A

IGM Biosciences Announcement Details

Quarter
Q4 2023
Time
N/A
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IGM Biosciences Earnings Headlines

IGM Biosciences initiated with an Outperform at BMO Capital
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
IGM Biosciences: Dizzying Number Of Pivots
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About IGM Biosciences

IGM Biosciences (NASDAQ:IGMS), a clinical-stage biotechnology company, develops Immunoglobulin M (IgM) antibodies for the treatment of cancer and autoimmune and inflammatory diseases. It develops Aplitabart, a Death Receptor 5 Agonist IgM antibody for the treatment of colorectal cancer; imvotamab, a CD20 x CD3 bispecific IgM antibody to treat myositis, as well as for the treatment of systemic lupus erythematosus and rheumatoid arthritis that is Phase Ib clinical trial; and IGM-2644, a bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins for the treatment of autoimmune diseases. IGM Biosciences, Inc. has a collaboration and license agreement with Genzyme Corporation to generate, develop, manufacture, and commercialize IgM antibodies. The company was formerly known as Palingen, Inc. and changed its name to IGM Biosciences, Inc. in 2010. IGM Biosciences, Inc. was incorporated in 1993 and is headquartered in Mountain View, California.

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