Bluebird: Q2 Earnings Snapshot
By AP News
Published - Sep 27, 2024, 04:41 PM ET
Last Updated - Sep 27, 2024, 04:41 PM EDT
SOMERVILLE, Mass. (AP) — SOMERVILLE, Mass. (AP) — Bluebird Bio Inc. (BLUE) on Friday reported a loss of $81.4 million in its second quarter.
The Somerville, Massachusetts-based company said it had a loss of 42 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share.
The biotechnology company posted revenue of $16.1 million in the period, matching Street forecasts.
