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Compugen: Q2 Earnings Snapshot

August 4, 2022 GMT

HOLON, Israel (AP) _ Compugen Ltd. (CGEN) on Thursday reported a loss of $9.1 million in its second quarter.

The Holon, Israel-based company said it had a loss of 11 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The company’s shares closed at $1.62. A year ago, they were trading at $6.59.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CGEN at https://www.zacks.com/ap/CGEN