Iovance Biotherapeutics: 3Q Earnings Snapshot
SAN CARLOS, Calif. (AP) _ Iovance Biotherapeutics Inc. (IOVA) on Tuesday reported a loss of $33.8 million in its third quarter.
On a per-share basis, the San Carlos, California-based company said it had a loss of 36 cents.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.
Iovance Biotherapeutics shares have increased 10 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.80, a climb of 14 percent in the last 12 months.