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Bellus: Q1 Earnings Snapshot

Bellus: Q1 Earnings Snapshot

By AP News
Published - May 12, 2023, 04:09 PM ET
Last Updated - Jun 21, 2023, 08:02 PM EDT

LAVAL, Quebec (AP) — LAVAL, Quebec (AP) — Bellus Health Inc. (BLU) on Friday reported a loss of $25.1 million in its first quarter.

On a per-share basis, the Laval, Quebec-based company said it had a loss of 20 cents.

The drug developer posted revenue of $3,000 in the period.

Bellus shares have climbed 76% since the beginning of the year. In the final minutes of trading on Friday, shares hit $14.49, an increase of 85% in the last 12 months.

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