Agios Pharmaceuticals Q2 Loss Narrows as Revenue Increases

MT Newswires Live

07/30

Agios Pharmaceuticals (AGIO) reported a Q2 loss Thursday of $1.69 per diluted share, narrowing from a loss of $1.93 a year earlier.

Analysts polled by FactSet expected a loss of $1.71.

Revenue for the quarter ended June 30 was $44.7 million, up from $12.5 million a year earlier.

Analysts surveyed by FactSet expected $26.4 million.

Shares of the company were up more than 8% in recent Thursday premarket activity.

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