Organovo: Fiscal 1Q Earnings Snapshot
SAN DIEGO (AP) _ Organovo Holdings Inc. (ONVO) on Thursday reported a loss of $7.4 million in its fiscal first quarter.
On a per-share basis, the San Diego-based company said it had a loss of 7 cents.
The development-stage company focused on commercializing functional human tissue for drug and biological research posted revenue of $689,000 in the period.
In the final minutes of trading on Thursday, the company’s shares hit $1.37. A year ago, they were trading at $2.08.