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Adverum Biotechnologies: Q4 Earnings Snapshot

Adverum Biotechnologies: Q4 Earnings Snapshot

By AP News
Published - Mar 18, 2024, 04:21 PM ET
Last Updated - Mar 18, 2024, 04:21 PM EDT

REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Adverum Biotechnologies Inc. (ADVM) on Monday reported a loss of $23.7 million in its fourth quarter.

On a per-share basis, the Redwood City, California-based company said it had a loss of 23 cents.

In the final minutes of trading on Monday, the company's shares hit $1.77. A year ago, they were trading at 85 cents.

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