CLEVELAND (AP) — Athersys Inc. (ATHX) on Wednesday reported a loss of $6 million in its third quarter.
The Cleveland-based company said it had a loss of 7 cents per share.
The biopharmaceutical company posted revenue of $311,000 in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.66. A year ago, they were trading at $1.04.
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATHX at https://www.zacks.com/ap/ATHX
Keywords: Athersys, Earnings Report
This story has been corrected to show that the company lost $6 million, or 7 cents per share, on revenue of $311,000, not $30. 1 million, or 23 cents per share, on revenue of $28.1 million.
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