Precigen stock rises 16% as Q3 collaboration/licensing revenue surges

Nov. 10, 2022 12:45 PM ETPrecigen, Inc. (PGEN)By: Ravikash, SA News Editor

Stock Market Capital Gains Increasing From A Bull Market

Darren415

  • Precigen (NASDAQ:PGEN) stock rose ~16% on Thursday after Q3 results beat estimates.
  • Net income was $87.38M, compared to net loss of -$29.76M in Q3 2021.
  • Total revenues grew +401.71% Y/Y to $16.72M.
  • Collaboration and licensing revenues increased to $14.56M, compared to $22K in

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