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Applied Genetic Technologies: Fiscal 1Q Earnings Snapshot

ALACHUA, Fla. (AP) _ Applied Genetic Technologies Corp. (AGTC) on Tuesday reported a loss of $11.6 million in its fiscal first quarter.

On a per-share basis, the Alachua, Florida-based company said it had a loss of 64 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 58 cents per share.

In the final minutes of trading on Tuesday, the company's shares hit $3.10. A year ago, they were trading at $7.05.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGTC at https://www.zacks.com/ap/AGTC