Bluebird: Q1 Earnings Snapshot
By AP News
Published - Sep 13, 2024, 05:16 PM ET
Last Updated - Sep 13, 2024, 05:16 PM EDT
SOMERVILLE, Mass. (AP) — SOMERVILLE, Mass. (AP) — Bluebird Bio Inc. (BLUE) on Friday reported a first-quarter loss of $69.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Somerville, Massachusetts-based company said it had a loss of 36 cents.
The biotechnology company posted revenue of $18.6 million in the period, matching Street forecasts.
In the final minutes of trading on Friday, the company's shares hit 61 cents. A year ago, they were trading at $3.33.
