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Affimed N.V.: 2Q Earnings Snapshot

August 7, 2019

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.

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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 AFMD at https://www.zacks.com/ap/AFMD

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