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