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Molecular Templates GAAP EPS of -$0.44 misses by $0.01, revenue of $4.42M misses by $2.6M

Aug. 11, 2022 5:24 PM ETMolecular Templates, Inc. (MTEM)By: Niloofer Shaikh, SA News Editor
  • Molecular Templates press release (NASDAQ:MTEM): Q2 GAAP EPS of -$0.44 misses by $0.01.
  • Revenue of $4.42M (-70.8% Y/Y) misses by $2.6M.
  • As of June 30, 2022, MTEM’s cash and investments totaled $104.4M. MTEM’s current cash and investments are expected to fund operations to the end of 2023.

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