Dynavax Technologies: 3Q Earnings Snapshot

November 6, 2019 GMT

EMERYVILLE, Calif. (AP) _ Dynavax Technologies Corp. (DVAX) on Wednesday reported a loss of $33.5 million in its third quarter.

The Emeryville, California-based company said it had a loss of 49 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share.

The biopharmaceutical company posted revenue of $10.6 million in the period.

Dynavax Technologies shares have dropped 43% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.23, a decline of 55% 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 DVAX at https://www.zacks.com/ap/DVAX