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Agios Pharmaceuticals: Q2 Earnings Snapshot
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CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Agios Pharmaceuticals Inc. (AGIO) on Thursday reported a loss of $100.7 million in its second quarter.

The Cambridge, Massachusetts-based company said it had a loss of $1.69 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.86 per share.

The biopharmaceutical company posted revenue of $44.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $22.7 million.

Agios Pharmaceuticals shares have risen 29% since the beginning of the year. The stock has dropped 7% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGIO at https://www.zacks.com/ap/AGIO

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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