Axovant: Fiscal Q4 Earnings Snapshot
Posted Jun 9, 2021 07:19:54 AM.
Last Updated Jun 9, 2021 07:27:13 AM.
NEW YORK (AP) _ Axovant Sciences Ltd. (SIOX) on Wednesday reported a loss of $3.3 million in its fiscal fourth quarter.
On a per-share basis, the New York-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring gains, came to 19 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
For the year, the company reported that its loss narrowed to $32.4 million, or 62 cents per share.
The company’s shares closed at $2.28. A year ago, they were trading at $4.93.
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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 SIOX at https://www.zacks.com/ap/SIOX
The Associated Press
