Applied Genetic Technologies: Fiscal 1Q Earnings Snapshot

By The Associated Press

Posted November 16, 2020 4:36 pm.

Last Updated November 16, 2020 4:38 pm.

ALACHUA, Fla. (AP) _ Applied Genetic Technologies Corp. (AGTC) on Monday reported a loss of $15.4 million in its fiscal first quarter.

The Alachua, Florida-based company said it had a loss of 60 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 51 cents per share.

In the final minutes of trading on Monday, the company’s shares hit $4.93. A year ago, they were trading at $2.87.

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

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