SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Wednesday reported a loss of $10.2 million in its second quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of $1.33.
The biotech drug developer posted revenue of $9.6 million in the period.
Assembly Biosciences shares have climbed 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.43, a rise of 45% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASMB at https://www.zacks.com/ap/ASMB
/Super%20Micro%20Computer%20Inc%20logo%20on%20building-by%20Poetra_RH%20via%20Shutterstock.jpg)
