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AveXis reports 4Q loss

BANNOCKBURN, Ill. (AP) _ AveXis Inc. (AVXS) on Thursday reported a loss of $25.4 million in its fourth quarter.

On a per-share basis, the Bannockburn, Illinois-based company said it had a loss of 92 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 77 cents per share.

For the year, the company reported a loss of $83 million, or $3.67 per share.

AveXis shares have risen 52 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $72.78, nearly tripling in the last 12 months.


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


Keywords: AveXis, Earnings Report