MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Akoya Biosciences Inc. (AKYA) on Monday reported a loss of $15.7 million in its first quarter.
The Marlborough, Massachusetts-based company said it had a loss of 32 cents per share.
The tissue analysis provider posted revenue of $16.6 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $19.9 million.
In the final minutes of trading on Monday, the company’s shares hit $1.16. A year ago, they were trading at $4.27.
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