THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Atara Biotherapeutics Inc. (ATRA) on Monday reported a loss of $19 million in its second quarter.
The Thousand Oaks, California-based company said it had a loss of $3.10 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.25 per share.
The drug developer posted revenue of $28.6 million in the period.
Atara Biotherapeutics shares have declined 39% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.77, a decline of 86% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATRA at https://www.zacks.com/ap/ATRA
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
