Tango Therapeutics: Q3 Earnings Insights

Tango Therapeutics (NASDAQ:TNGX) reported its Q3 earnings results on Wednesday, November 8, 2023 at 07:00 AM. Here’s what…

Tango Therapeutics (NASDAQ:TNGX) reported its Q3 earnings results on Wednesday, November 8, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Tango Therapeutics beat estimated earnings by 32.35%, reporting an EPS of $-0.23 versus an estimate of $-0.34.

Revenue was up $3.81 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 11.34% increase in the share price the next day.

Here’s a look at Tango Therapeutics’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.34 -0.35 -0.35 -0.32
EPS Actual -0.23 -0.32 -0.33 -0.33
Revenue Estimate 6.95M 6.71M 6.44M 5.53M
Revenue Actual 14.60M 5.77M 6.41M 6.92M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Tango Therapeutics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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