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Inovio Pharmaceuticals Q1 Loss Widens as Revenue Drops; Stock Down 5% Late

05/10/2021 13:58

05:43 PM EDT, 05/10/2021 (MT Newswires) -- Inovio Pharmaceuticals (INO) late Monday reported a Q1 net loss of $0.27 per share, compared with a loss of $0.26 per share in the year-ago quarter.

Analysts polled by Capital IQ were expecting loss of $0.20 per share, on average

Revenue for the quarter ended March 31 fell to $371,120, from $1.3 million in the year-ago period.

Analysts were expecting revenue of $1.06 million.

Shares were down about 5% in the after-hours session.

Price: 6.31, Change: -0.36, Percent Change: -5.40