DALLAS (AP) _ Abeona Therapeutics Inc. (ABEO) on Tuesday reported a loss of $17.4 million in its third quarter.
The Dallas-based company said it had a loss of 35 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.
In the final minutes of trading on Tuesday, the company's shares hit $2.29. A year ago, they were trading at $7.71.