CLEVELAND (AP) — CLEVELAND (AP) — Abeona Therapeutics Inc. (ABEO) on Thursday reported a loss of $20.3 million in its third quarter.
On a per-share basis, the Cleveland-based company said it had a loss of 42 cents. Losses, adjusted for non-recurring costs, were 10 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share.
Abeona Therapeutics shares have climbed 22% since the beginning of the year. The stock has risen 36% in the last 12 months.
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