AP NEWS

Momenta: 2Q Earnings Snapshot

August 9, 2018

CAMBRIDGE, Mass. (AP) _ Momenta Pharmaceuticals Inc. (MNTA) on Thursday reported a loss of $69.9 million in its second quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 91 cents.

The biotechnology company posted revenue of $13 million in the period.

Momenta shares have more than doubled since the beginning of the year. The stock has risen 73 percent in the last 12 months.

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

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