PolyPid Q3 EPS $(3.40) Beats $(4.16) Estimate; Cash And Cash Equivalents And Deposits Of $10.2M
Author: Benzinga Newsdesk | November 08, 2023 08:10am
PolyPid (NASDAQ:PYPD) reported quarterly losses of $(3.40) per share which beat the analyst consensus estimate of $(4.16) by 18.27 percent. This is a 76.39 percent increase over losses of $(14.40) per share from the same period last year.
As of September 30, 2023, the Company had cash and cash equivalents and deposits in the amount of $10.2 million. PolyPid expects that this cash balance will be sufficient to fund operations into late first quarter of 2024.
Posted In: PYPD
