Intrexon Business Update and Conference Call
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Intrexon (XON) Reports Prelim. Q2 EPS Miss by 26c, Prelim. Q2 Revenues Miss; Delays 10-Q Filing Related to Certain Aspects of ASC 606
August 9, 2018 5:01 PM UTCIntrexon (NYSE: XON) reported Q2 EPS of ($0.51), $0.26 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $45.3 million versus the consensus estimate of $51.7 million.
Select Preliminary Unaudited Second Quarter 2018 Financial Results:
Revenues will be approximately $45.3 million;Net loss attributable to Intrexon will be approximately $65.4 million (including noncash charges of $43.9 million); andEarnings per share will be a loss of approximately $0.51 per basic share."The businesses of intrexon continue to advance,... More
