Cognition Therapeutics, Inc. (CGTX) Reports Q2 Loss, Lags Revenue Estimates
Cognition Therapeutics (CGTX) reported a second-quarter loss of $0.04 per share, narrower than the Zacks Consensus Estimate of a $0.06 loss and improved from the $0.11 per-share loss a year earlier.
Why it matters — A CGTX watcher would care because the narrower-than-expected loss shows the company beat analyst estimates and improved its bottom line versus the same quarter last year.