MacroGenics' Q4 Earnings Surprise: Revenue of $73M, Statutory Profit of $0.27 Per Share

MacroGenics has reported a surprise profit of $0.27 per share, a notable improvement from analyst expectations of a loss. The company's revenues have also smashed expectations at $73m. Analysts have updated their earnings model, with forecasts for revenues of $103.7m in 2026, a 19% decline from last year, and per-share losses of $1.52. Despite these upgrades, the price target has been reduced 19% to $3.40.