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Xenon Pharmaceuticals: Q1 Earnings Snapshot

By AP News - May 09, 2023, 04:15 PM ET

Last Updated - Jun 21, 2023, 09:26 PM EDT

Xenon Pharmaceuticals: Q1 Earnings Snapshot

BURNABY, British Columbia (AP) — BURNABY, British Columbia (AP) — Xenon Pharmaceuticals Inc. (XENE) on Tuesday reported a loss of $41.7 million in its first quarter.

On a per-share basis, the Burnaby, British Columbia-based company said it had a loss of 63 cents.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 62 cents per share.

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