Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Agenus: Q2 Earnings Snapshot
By AP News - Aug 08, 2024, 10:18 AM ET
Last Updated - Aug 08, 2024, 10:19 AM EDT
LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Agenus Inc. (AGEN) on Thursday reported a loss of $54.8 million in its second quarter.
The Lexington, Massachusetts-based company said it had a loss of $2.52 per share.
Sponsored
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.33 per share.
The biotechnology company posted revenue of $23.5 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $64.7 million.
Agenus shares have declined 69% since the beginning of the year. The stock has dropped 81% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGEN at https://www.zacks.com/ap/AGEN
Sponsored
Read More from Investing
Popular News
Latest News
