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Assembly Biosciences: Q1 Earnings Snapshot

SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $9.1 million in its first quarter.

On a per-share basis, the South San Francisco, California-based company said it had a loss of 54 cents.

The biotech drug developer posted revenue of $8.2 million in the period.

Assembly Biosciences shares have decreased slightly more than 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.19, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASMB at https://www.zacks.com/ap/ASMB

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