AP NEWS
Click to copy
Click to copy

Voyager Therapeutics: 2Q Earnings Snapshot

August 9, 2019

CAMBRIDGE, Mass. (AP) _ Voyager Therapeutics Inc. (VYGR) on Friday reported second-quarter net income of $11.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Cambridge, Massachusetts-based company said it had net income of 29 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 88 cents per share.

The gene therapy company posted revenue of $46.1 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $5.3 million.

Voyager Therapeutics shares have more than doubled since the beginning of the year. The stock has risen 21% in the last 12 months.

_____

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

All contents © copyright 2019 The Associated Press. All rights reserved.