SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $9.1 million in its first quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of 54 cents.
The biotech drug developer posted revenue of $8.2 million in the period.
Assembly Biosciences shares have decreased slightly more than 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.19, more than doubling 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 ASMB at https://www.zacks.com/ap/ASMB
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
