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While the earnings cycle of fiscal October to December 31 2022 goes on, many entities have announced their results. Some of them, are various entities in the Biotechnology & Pharmaceuticals sector. As well as, today, Hillevax Inc disclosed operating deficit of $-23.099 millions, for the fourth quarter of 2022.
Now, it's apparent that, the emerging growth company could operate more economically, then in fourth quarter of 2022. Coming from operating deficit of $-65.113 millions.
Because the HLVX is nevertheless growing a business strategy, in some manner it managed to cut the deficit in the most recent fiscal period to $-21.188 millions, from the $-159.809 millions, in the fourth quarter of 2022.
Hillevax Inc is expected to report next financial recent numbers on June 07, 2023.