Affimed N.V.: Q1 Earnings Snapshot
By Ap News
Published - Jun 12, 2024, 06:42 AM ET
Last Updated - Jun 12, 2024, 06:42 AM EDT
MANNHEIM, Germany (AP) — MANNHEIM, Germany (AP) — Affimed N.V. (AFMD) on Wednesday reported a loss of $20.8 million in its first quarter.
On a per-share basis, the Mannheim, Germany-based company said it had a loss of $1.38.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.73 per share.
The drug developer posted revenue of $168,300 in the period. Its adjusted revenue was $168,000.
