AGTC releases fourth quarter, year-end financial results

Applied Genetic Technologies Corporation reported a net loss of $6.6 million for the fourth quarter of the 2018 fiscal year compared with a net loss of $3.2 million in 2017’s fourth quarter.
For the year, the company posted a net loss of $21.3 million compared with a net income of $0.4 million a year ago, according to a press release.
Revenues for the quarter were $5.4 million compared with $8.3 million, and the year-end revenues totaled $24.2 million compared with 2017’s revenues of $39.5 million.
General and administrative costs were (Read more...)

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