Recursion Pharmaceuticals (NASDAQ:RXRX) Issues Quarterly Earnings Results

Market Beat
2026.05.06 19:48
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Recursion Pharmaceuticals (NASDAQ:RXRX) reported quarterly earnings of ($0.22) EPS, surpassing estimates of ($0.30) by $0.08. The company had a revenue of $6.47 million, significantly below the expected $15.78 million, marking a 56.8% year-over-year decline. Despite a negative net margin of 863.37% and a negative return on equity of 63.98%, the firm maintains a strong cash position of $665 million, projected to fund operations into early 2028. Stock price rose 1.3% to $3.42, with mixed analyst ratings and a consensus target price of $9.20.