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Abeona Therapeutics: Q4 Earnings Snapshot

Associated Press
Updated ·1-min read

DALLAS (AP) _ Abeona Therapeutics Inc. (ABEO) on Wednesday reported a loss of $15.8 million in its fourth quarter.

On a per-share basis, the Dallas-based company said it had a loss of 17 cents.

The drug developer posted revenue of $3 million in the period.

For the year, the company reported that its loss widened to $84.2 million, or 91 cents per share. Revenue was reported as $10 million.

In the final minutes of trading on Wednesday, the company's shares hit $1.78. A year ago, they were trading at $2.07.

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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