Cellular Biomedicine: 2Q Earnings Snapshot

Cellular Biomedicine: 2Q Earnings Snapshot

CUPERTINO, Calif. (AP) _ Cellular Biomedicine Group Inc. (CBMG) on Wednesday reported a loss of $9.2 million in its second quarter.

On a per-share basis, the Cupertino, California-based company said it had a loss of 53 cents.

The biotechnology company posted revenue of $77,300 in the period. Its adjusted revenue was $77,000.

Cellular Biomedicine shares have increased 78 percent since the beginning of the year. The stock has more than doubled in the last 12 months.

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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 CBMG at https://www.zacks.com/ap/CBMG

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