Agenus: Q2 Earnings Snapshot
LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Agenus Inc. (AGEN) on Tuesday reported a loss of $73.4 million in its second quarter.
On a per-share basis, the Lexington, Massachusetts-based company said it had a loss of 20 cents.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 20 cents per share.
The biotechnology company posted revenue of $25.3 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $24 million.
The company's shares closed at $1.36. A year ago, they were trading at $2.65.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGEN at https://www.zacks.com/ap/AGEN
