Axsome Therapeutics Q2 Loss Widens, Revenue Increases

MT Newswires Live

08/10

Axsome Therapeutics (AXSM) reported a Q2 loss Monday of $0.99 per basic and diluted share, widening from a loss of $0.97 a year earlier.

Analysts polled by FactSet expected losses of $0.89.

Revenue for the quarter ended June 30 was $218.4 million, up from $150.0 million a year earlier.

Analysts expected $221.1 million.

Shares of the company were down 5.1% in recent premarket trading.

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