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Benzinga

Business

Benzinga Insights

MEI Pharma's Return On Capital Employed Insights

According to data from Benzinga Pro, during Q2, MEI Pharma's (NASDAQ:MEIP) reported sales totaled $18.22 million. Despite a 51.46% increase in earnings, the company posted a loss of $5.77 million. In Q1, MEI Pharma brought in $13.39 million in sales but lost $11.88 million in earnings.

Why Is ROCE Significant?

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