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Agenus: Q1 Earnings Snapshot

LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Agenus Inc. (AGEN) on Monday reported first-quarter net income of $39.2 million, after reporting a loss in the same period a year earlier.

The Lexington, Massachusetts-based company said it had net income of $1.02 per share.

The biotechnology company posted revenue of $33.7 million in the period.

In the final minutes of trading on Monday, the company’s shares hit $3.26. A year ago, they were trading at $2.91.

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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 AGEN at https://www.zacks.com/ap/AGEN

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PLYMOUTH, Mass. (AP) — Lindsay Clancy's trial judge declared a mistrial Friday after an emergency defense appeal was denied. Judge William Sullivan ended the trial after jurors on Friday sent a note for a third time saying they couldn't unanimously decide whether to hold her criminally responsible for killing her three young children in 2023. Deliberations took a dramatic turn Thursday when the foreperson told the judge that a lone holdout was refusing to follow the court’s instructions about reasonable doubt. Clancy’s defense has argued that the judge’s refusal to remove the juror undermines the trial. Clancy, a 36-year-old former labor and delivery nurse, doesn’t deny strangling her children in the basement of their home. Defense attorney Kevin Reddington blamed postpartum psychosis. Jennifer Sprague said Clancy knew what she was doing. Postpartum psychosis is estimated to afflict 1 to 2 per 1,000 women after delivery. Experts at the Cleveland Clinic describe it as a mental health emergency affecting someone’s sense of reality. Though most people with postpartum psychosis don’t harm their children, mothers with severe cases may try to do so.
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