Agios Pharmaceuticals' Q4 Loss Widens, Revenue Rises

MT Newswires Live
13 Feb

Agios Pharmaceuticals (AGIO) reported a Q4 net loss Thursday of $96.5 million, wider than a loss of $95.9 million a year earlier.

Two analysts polled by FactSet expected a loss of $94.2 million.

Revenue for the quarter ended Dec. 31 was $10.7 million, up from $7.1 million a year earlier.

Analysts surveyed by FactSet expected $9.4 million.

The company said it ended the quarter with $1.5 billion in cash, cash equivalents and marketable securities, up from $806.4 million a year earlier.

Price: 33.49, Change: +0.68, Percent Change: +2.1

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