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Madrigal: Q3 Earnings Snapshot

By AP News
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WEST CONSHOHOCKEN, Pa. (AP) — WEST CONSHOHOCKEN, Pa. (AP) — Madrigal Pharmaceuticals Inc. (MDGL) on Monday reported a loss of $98.7 million in its third quarter.

On a per-share basis, the West Conshohocken, Pennsylvania-based company said it had a loss of $5.34.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $4.78 per share.

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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 MDGL at https://www.zacks.com/ap/MDGL

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