REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Adverum Biotechnologies Inc. (ADVM) on Thursday reported a loss of $29.1 million in its first quarter.
The Redwood City, California-based company said it had a loss of 29 cents per share.
The gene therapy company posted revenue of $3.6 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit 84 cents. A year ago, they were trading at 97 cents.
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