Affimed N.V.: 2Q Earnings Snapshot
HEIDELBERG, Germany (AP) _ Affimed N.V. (AFMD) on Wednesday reported a loss of $11.6 million in its second quarter.
The Heidelberg, Germany-based company said it had a loss of 16 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 16 cents per share.
The drug developer posted revenue of $4.5 million in the period.
The company’s shares closed at $2.71. A year ago, they were trading at $1.65.