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Benzinga
Benzinga
Business
Henry Khederian

Tonix Pharmaceuticals (TNXP) Stock Surges On Q2 Earnings Beat And Upcoming FDA Catalyst

TNXP Tonix Tonix Pharmaceuticals FDA Tonix Pharmaceuticals Holding Corp Benzinga Edge
Doctor holding digital tablet at meeting room

Shares of Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) are trading sharply higher Tuesday morning following the release of the company’s second-quarter financial results and operational update.

What To Know: The biotechnology company posted a second-quarter net loss of $3.86 per share, which beat the analyst consensus estimate of a $10.73 loss per share. However, sales for the quarter were approximately $2.0 million, missing the estimated $2.6 million.

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