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Aadi Bioscience (NASDAQ:AADI) Releases Earnings Results, Misses Estimates By $0.37 EPS

Aadi Bioscience logo with Medical background
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Aadi Bioscience (NASDAQ:AADI - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.67) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.37), Zacks reports. The firm had revenue of $7.24 million during the quarter, compared to the consensus estimate of $7.45 million. Aadi Bioscience had a negative return on equity of 71.87% and a negative net margin of 246.06%.

Aadi Bioscience Trading Up 4.6 %

Shares of NASDAQ AADI traded up $0.09 during mid-day trading on Friday, reaching $2.05. The company had a trading volume of 401,616 shares, compared to its average volume of 245,295. The stock has a market cap of $50.63 million, a PE ratio of -0.90 and a beta of 0.68. The company has a 50-day moving average price of $2.60 and a two-hundred day moving average price of $2.40. Aadi Bioscience has a 1-year low of $1.21 and a 1-year high of $3.81.

About Aadi Bioscience

(Get Free Report)

Aadi Bioscience, Inc, a biopharmaceutical company, engages in developing and commercializing precision therapies for genetically defined cancers with alterations in mTOR pathway genes. Its lead drug product candidate comprises FYARRO, a form of sirolimus protein-bound particles for injectable suspension for the treatment in adult patients with advanced unresectable or metastatic malignant PEComa.

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Earnings History for Aadi Bioscience (NASDAQ:AADI)

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