Applied Genetic Technologies: Fiscal 1Q Earnings Snapshot
ALACHUA, Fla. (AP) _ Applied Genetic Technologies Corp. (AGTC) on Thursday reported fiscal first-quarter net income of $1.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Alachua, Florida-based company said it had net income of 7 cents.
The biotechnology company posted revenue of $14 million in the period.
Applied Genetic Technologies shares have risen 89 percent since the beginning of the year. The stock has doubled in the last 12 months.