Assembly Biosciences (NASDAQ:ASMB) Announces Quarterly Earnings Results, Beats Estimates By $2.99 EPS

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Assembly Biosciences (NASDAQ:ASMB) reported stronger-than-expected quarterly earnings, with an EPS of $2.48 significantly surpassing the consensus estimate of ($0.51) by $2.99. The biopharmaceutical company also exceeded revenue expectations, bringing in $42.47 million against an estimated $7.42 million. Despite the positive earnings, the company’s stock remained largely unchanged after the announcement, trading at $27.51.

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