Sangamo Therapeutics Reports Significant Drop in Revenue and EPS Miss for Q4

Wednesday, 13 March 2024, 14:02

Sangamo Therapeutics disappointed investors in Q4 as they reported a GAAP EPS miss of $0.08, which was $0.08 lower than expected. Additionally, the company experienced a substantial 92.5% decrease in revenue, falling short by $6.07M. This poor performance raises concerns about the company's financial health and future prospects.
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Sangamo Therapeutics Reports Significant Drop in Revenue and EPS Miss for Q4

Sangamo Therapeutics Q4 Performance

Sangamo Therapeutics reported disappointing Q4 results, missing the estimated GAAP EPS by $0.08 and experiencing a 92.5% decrease in revenue.

Key Points:

  • EPS Miss: The GAAP EPS stood at -$0.34, missing by $0.08.
  • Revenue Decline: Revenue amounted to $2.04M, missing by $6.07M.

This negative performance indicates challenges ahead for Sangamo Therapeutics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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