Organovo: Fiscal 2Q Earnings Snapshot

November 8, 2018

SAN DIEGO (AP) _ Organovo Holdings Inc. (ONVO) on Thursday reported a loss of $5.8 million in its fiscal second quarter.

On a per-share basis, the San Diego-based company said it had a loss of 5 cents.

The development-stage company focused on commercializing functional human tissue for drug and biological research posted revenue of $943,000 in the period.

In the final minutes of trading on Thursday, the company’s shares hit $1.16. A year ago, they were trading at $1.47.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONVO at https://www.zacks.com/ap/ONVO

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