Nurix reported Q1 net loss of $87.2M ($0.79/sh) versus $56.4M ($0.67/sh) a year ago, a ~55% widening of the loss. Revenue fell to $6.3M from $18.5M a year earlier, down ~66%, signaling a material top-line deterioration that is likely to pressure the stock.
Nurix reported Q1 net loss of $87.2M ($0.79/sh) versus $56.4M ($0.67/sh) a year ago, a ~55% widening of the loss. Revenue fell to $6.3M from $18.5M a year earlier, down ~66%, signaling a material top-line deterioration that is likely to pressure the stock.
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strongly negative
Sentiment Score
-0.70
Ticker Sentiment