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Crescent Biopharma: Q3 Earnings Snapshot

Barchart·11/12/2026 15:47:23
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WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Crescent Biopharma, Inc. (CBIO) on Thursday reported a loss of $37.7 million in its third quarter.

The Waltham, Massachusetts-based company said it had a loss of 90 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The biotechnology company posted revenue of $3.1 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBIO at https://www.zacks.com/ap/CBIO