Agios Pharmaceuticals Shares Down After Q1 Net Loss Widens, Revenue Misses Estimates

MT Newswires Live
01 May

Agios Pharmaceuticals (AGIO) shares were down 0.4% in recent trading Thursday after the company reported a Q1 net loss of $1.55 per diluted share, wider than a loss of $1.45 a year earlier.

Analysts polled by FactSet expected a loss of $1.77.

Revenue for the quarter ended March 31 was $8.7 million, up from $8.2 million a year earlier.

Analysts polled by FactSet expected $9.7 million.

As of March 31, the company said it had $1.42 billion in cash, cash equivalents and marketable securities.

Price: 29.58, Change: -0.11, Percent Change: -0.37

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10