Adverum Biotechnologies: Q4 Earnings Snapshot
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REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Adverum Biotechnologies Inc. (ADVM) on Monday reported a loss of $23.7 million in its fourth quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 23 cents.
For the year, the company reported that its loss narrowed to $117.2 million, or $1.16 per share. Revenue was reported as $3.6 million.
In the final minutes of trading on Monday, the company's shares hit $1.77. A year ago, they were trading at 85 cents.
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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 ADVM at https://www.zacks.com/ap/ADVM
