AP NEWS

Endocyte: 2Q Earnings Snapshot

July 31, 2018

WEST LAFAYETTE, Ind. (AP) _ Endocyte Inc. (ECYT) on Tuesday reported a loss of $11.6 million in its second quarter.

On a per-share basis, the West Lafayette, Indiana-based company said it had a loss of 17 cents.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The biopharmaceutical company posted revenue of $14,000 in the period.

Endocyte shares have more than tripled since the beginning of the year. The stock has climbed tenfold 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 ECYT at https://www.zacks.com/ap/ECYT

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