Assembly Biosciences: Q1 Earnings Snapshot
In this article:
SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $19 million in its first quarter.
The South San Francisco, California-based company said it had a loss of 37 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 37 cents per share.
In the final minutes of trading on Thursday, the company's shares hit $1.04. A year ago, they were trading at $1.73.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASMB at https://www.zacks.com/ap/ASMB
