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Abeona Therapeutics: 2Q Earnings Snapshot

August 9, 2019

DALLAS (AP) _ Abeona Therapeutics Inc. (ABEO) on Friday reported a loss of $23.9 million in its second quarter.

The Dallas-based company said it had a loss of 49 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

In the final minutes of trading on Friday, the company’s shares hit $2.29. A year ago, they were trading at $14.55.

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

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