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Spark Therapeutics: 3Q Earnings Snapshot

November 6, 2018

PHILADELPHIA (AP) _ Spark Therapeutics Inc. (ONCE) on Tuesday reported a loss of $47.4 million in its third quarter.

The Philadelphia-based company said it had a loss of $1.26 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of $1.04 per share.

The gene therapy developer posted revenue of $10.7 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $26.1 million.

Spark Therapeutics shares have dropped 14 percent since the beginning of the year. The stock has declined 46 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 ONCE at https://www.zacks.com/ap/ONCE

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