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Iovance Biotherapeutics: 3Q Earnings Snapshot

November 6, 2018

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.

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

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