enGene Reports Q2 EPS Of $(0.38) Loss, Company Exits Quarter With Cash & Equivalents Worth $264.8M
For the three months ended April 30, 2024, net loss attributable to common shareholders was approximately $15.0 million, or $0.38 per share, compared to approximately $6.5 million, or $9.30 per share, for the same period for the three months ended April 30, 2023. The increase in net loss is mainly attributed to the increase in operating expenses partially offset by net interest income earned during the period.