Relay Therapeutics, Inc. (RLAY) Reports Q2 Loss, Lags Revenue Estimates
Relay Therapeutics reported a quarterly loss of $0.41 per share for Q2, in line with the Zacks Consensus Estimate and unchanged from the $0.41 per share loss a year earlier, while its revenue fell short of estimates.
Why it matters — A RLAY watcher would care because the results show earnings met expectations but revenue lagged amid the company's ongoing losses.