AtaiBeckley Q1 Net Loss Narrows, Revenue Declines

MT Newswires Live

05/12

AtaiBeckley (ATAI) reported a Q1 net loss Tuesday of $0.08 per diluted share, narrowing from a loss of $0.15 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.10.

Revenue for the quarter ended March 31 was $954,000, down from $1.6 million a year earlier.

Analysts polled by FactSet expected $100,000.

Shares of the company were up 2% in Tuesday premarket trading.

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