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Arbutus: Q1 Earnings Snapshot

WARMINSTER, Pa. (AP) — WARMINSTER, Pa. (AP) — Arbutus Biopharma Corp. (ABUS) on Wednesday reported first-quarter net income of $169.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Warminster, Pennsylvania-based company said it had net income of 87 cents.

The biopharmaceutical company posted revenue of $179.1 million in the period.

The company’s shares closed at $4.31. A year ago, they were trading at $3.35.

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

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