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Editas Medicine Inc   (EDIT)
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Price: $7.7200 $-0.41 -5.043%
Day's High: $8.15 Week Perf: -10.34 %
Day's Low: $ 7.70 30 Day Perf: -7.1 %
Volume (M): 2,658 52 Wk High: $ 11.91
Volume (M$): $ 20,522 52 Wk Avg: $8.58
Open: $8.10 52 Wk Low: $6.08



 Market Capitalization (Millions $) 586
 Shares Outstanding (Millions) 76
 Employees -
 Revenues (TTM) (Millions $) 78
 Net Income (TTM) (Millions $) -153
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 5

Editas Medicine Inc
Editas Medicine Inc is a leading biotechnology company that specializes in developing CRISPR gene editing technology for therapeutic purposes. The company aims to improve patients' lives by treating and potentially curing genetic diseases through precise editing of their DNA. Editas Medicine uses its proprietary genome editing platform to address a wide range of genetic diseases, including rare and inherited conditions. The company focuses on developing innovative therapies and partnering with other organizations to bring these treatments to patients. Editas Medicine is at the forefront of the gene editing field and has the potential to revolutionize medicine by providing targeted and personalized treatments.


   Company Address: 11 Hurley Street Cambridge 2141 MA
   Company Phone Number: 401-9000   Stock Exchange / Ticker: NASDAQ EDIT
   


   

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Editas Medicine Inc

Editas Medicine Inc. Shatters Expectations with Record-Breaking Revenue Surge

roduction
Editas Medicine Inc., a leading gene editing company, has made significant strides in the fourth quarter of 2023, showcasing its strong financial performance and groundbreaking collaborations. With improved earnings per share, surging revenue, and a growing market demand, Editas Medicine Inc. demonstrates its potential growth within the biotechnology and pharmaceutical industries.
Robust Financial Performance
During the fourth quarter of 2023, Editas Medicine Inc. showcased its financial strength by reducing its loss per share to $-0.20, a significant improvement from $-0.88 reported a year prior. Additionally, the company witnessed an outstanding increase in revenue, with a staggering growth of 818.602%, reaching $60.05 million compared to $6.54 million in the same period a year earlier. Sequentially, Editas Medicine's revenue doubled by 1025.356% from $5.34 million.

Licensing Agreement

Revolutionizing Medicine: Editas Medicine and Vertex Pharmaceuticals Forge Path to Innovative Gene Therapies with Cas9 License Agreement

Published Wed, Dec 13 2023 2:00 PM UTC

Editas Medicine, a leading gene editing company, and Vertex Pharmaceuticals, a renowned biotechnology company, have announced their collaboration through a non-exclusive license agreement for Cas9. The license will specifically cover the use of CASGEVY (exagamglogene autotemcel), a groundbreaking gene therapy being developed by Vertex Pharmaceuticals.Gene editing, particular...

Clinical Study

Editas Medicine Presents Exciting Results for EDIT-301 and Achieves Astounding Revenue Growth

Published Mon, Dec 11 2023 5:00 PM UTC


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Editas Medicine, a renowned biotechnology company focused on developing transformative genome editing treatments, has recently shared groundbreaking safety and efficacy data for their innovative therapy, EDIT-301. These encouraging results were presented at the American Society of Hematology (ASH) Annual Meeting, as well as in a company-sponsored webinar. Moreover...

Editas Medicine Inc

Editas Medicine Inc. Witnessing a Revolutionary Turnaround: Revenue Skyrockets as Losses Plummet

Editas Medicine Inc, a clinical-stage genome editing company, has reported its fiscal third-quarter results for 2023, showing a decrease in losses compared to the previous year. The company saw a decrease in its loss per share from $-0.81 to $-0.55, and an improvement in its income per share, which went from $-0.56 to an undisclosed positive value.
One of the most significant highlights of the financial report is the sharp increase in revenue. The revenue surged by an impressive 12,604.762% to $5.34 million, compared to the meager $0.04 million reported during the same quarter in the previous year. There was also strong sequential growth, with revenue surging by 84.829% from $2.89 million in the preceding quarter.

Editas Medicine Inc

Editas Medicine Inc Faces Rough Second Quarter with Decline in Financial Performance from April to June 2023

Editas Medicine Inc (NASDAQ: EDIT) has experienced a decline in its shares over the last five trading days, with a decrease of -1.48%. Despite this recent decrease, the year-to-date performance of Editas Medicine Inc is still positive at 2.49%. The company's shares are also trading 36.7% above its 52-week low, indicating a relatively strong performance in the market.
Looking at the second quarter of 2023 earnings season, Editas Medicine Inc managed to decrease its loss per share from $-0.78 to $-0.56 compared to the same period last year. Additionally, the company's income per share improved from $-0.71 to $-0.56, indicating some positive growth.






 

Editas Medicine Inc's Segments
 
 
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Editas Medicine Inc does not provide revenue guidance.

Earnings Outlook
Editas Medicine Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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