Genocea Biosciences: 2Q Earnings Snapshot
CAMBRIDGE, Mass. (AP) _ Genocea Biosciences Inc. (GNCA) on Thursday reported a loss of $6.5 million in its second quarter.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 42 cents. Losses, adjusted for non-recurring gains, came to 67 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 65 cents per share.
The company’s shares closed at $3.80. A year ago, they were trading at $5.60.