AP NEWS

Applied Genetic Technologies: Fiscal 2Q Earnings Snapshot

February 7, 2019

ALACHUA, Fla. (AP) _ Applied Genetic Technologies Corp. (AGTC) on Thursday reported a loss of $4.2 million in its fiscal second quarter.

On a per-share basis, the Alachua, Florida-based company said it had a loss of 23 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 64 cents per share.

The biotechnology company posted revenue of $5.9 million in the period.

The company’s shares closed at $3.24. A year ago, they were trading at $4.05.

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

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