Assembly Biosciences: Q1 Earnings Snapshot
May 6, 2021
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SOUTH SAN FRANCISCO, Calif. (AP) Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $27.2 million in its first quarter.
The South San Francisco, California-based company said it had a loss of 69 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 79 cents per share.
In the final minutes of trading on Thursday, the company s shares hit $3.92. A year ago, they were trading at $17.50.
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
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