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Stock impact report

Adverum Biotechnologies (ADVM) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]

Adverum Biotechnologies, Inc. (ADVM) 
Last adverum biotechnologies, inc. earnings: 3/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: adverum.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
This compares to loss of $3.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this gene therapy company would post a loss of $1.27 per share when it actually produced a loss of $0.89, delivering a surprise of 29.92%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Adverum Biotechnologies , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $1 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 100%. This compares to zero revenues a year ago. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Adverum Biotechnologies shares have lost about 1.6% since the beginning of the year versus the S&P Show less Read more
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