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Inovio: Q2 Earnings Snapshot

By AP News - Aug 08, 2024, 05:03 PM ET
Last Updated - Aug 08, 2024, 05:03 PM EDT
Inovio: Q2 Earnings Snapshot

PLYMOUTH MEETING, Pa. (AP) — PLYMOUTH MEETING, Pa. (AP) — Inovio Pharmaceuticals Inc. (INO) on Thursday reported a loss of $32.2 million in its second quarter.

On a per-share basis, the Plymouth Meeting, Pennsylvania-based company said it had a loss of $1.19.

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The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.15 per share.

The drugmaker posted revenue of $100,800 in the period. Its adjusted revenue was $101,000.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INO at https://www.zacks.com/ap/INO

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