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Affimed N.V.: Q2 Earnings Snapshot

Affimed N.V.: Q2 Earnings Snapshot

By AP News
Published - Sep 05, 2024, 06:47 AM ET
Last Updated - Dec 16, 2024, 07:34 PM EST

MANNHEIM, Germany (AP) — MANNHEIM, Germany (AP) — Affimed N.V. (AFMD) on Thursday reported a loss of $16.6 million in its second quarter.

The Mannheim, Germany-based company said it had a loss of $1.09 per share.

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 per share.

The drug developer posted revenue of $166,000 in the period.

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