NGM Biopharmaceuticals, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.582 million compared to USD 7.91 million a year ago. Net loss was USD 28.8 million compared to USD 47.26 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.59 a year ago.
For the nine months, sales was USD 4.25 million compared to USD 37.15 million a year ago. Net loss was USD 114.71 million compared to USD 126.23 million a year ago. Basic loss per share from continuing operations was USD 1.39 compared to USD 1.59 a year ago.