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Arrowhead Research: Fiscal Q2 Earnings Snapshot

PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Arrowhead Research Corp. (ARWR) on Thursday reported a fiscal second-quarter loss of $132.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Pasadena, California-based company said it had a loss of 93 cents.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.18 per share.

The drug developer posted revenue of $73.7 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $70.1 million.

Arrowhead Research shares have increased 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $78, climbing fivefold 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 ARWR at https://www.zacks.com/ap/ARWR

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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