GlycoMimetics: Q1 Earnings Snapshot

ROCKVILLE, Md. (AP) _ GlycoMimetics Inc. (GLYC) on Monday reported a loss of $14.3 million in its first quarter.

The Rockville, Maryland-based company said it had a loss of 28 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.

The biotechnology company posted revenue of $1.1 million in the period.

The company’s shares closed at $2.40. A year ago, they were trading at $2.67.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GLYC at

Copyright © 2021 . All rights reserved. This website is not intended for users located within the European Economic Area.


Sign up for breaking news alerts