Abeona Therapeutics: Q2 Earnings Snapshot

CLEVELAND (AP) — CLEVELAND (AP) — Abeona Therapeutics Inc. (ABEO) on Tuesday reported a loss of $16.7 million in its second quarter.

The Cleveland-based company said it had a loss of 92 cents per share. Losses, adjusted for non-recurring costs, were 44 cents per share.

The drug developer posted revenue of $3.5 million in the period.

The company’s shares closed at $2.98. A year ago, they were trading at $4.20.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABEO at https://www.zacks.com/ap/ABEO

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