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Athenex: Q4 Earnings Snapshot
By AP News - Mar 20, 2023, 08:18 AM ET
Last Updated - Jun 22, 2023, 03:23 PM EDT
BUFFALO, N.Y. (AP) — BUFFALO, N.Y. (AP) — Athenex Inc. (ATNX) on Monday reported a loss of $34.2 million in its fourth quarter.
On a per-share basis, the Buffalo, New York-based company said it had a loss of $4.28. Losses, adjusted to account for discontinued operations and to extinguish debt, came to $3.38 per share.
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The biopharmaceutical company posted revenue of $25.1 million in the period.
For the year, the company reported that its loss narrowed to $103.4 million, or $15.81 per share. Revenue was reported as $102.8 million.
The company's shares closed at $1.76. A year ago, they were trading at $19.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ATNX">Zacks stock report on ATNX at https://www.zacks.com/ap/ATNX
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