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Agenus Swings to Q3 Loss, Revenue Drops; Shares Fall

10:06AM ET 11/08/2022 MT Newswires
Agenus (AGEN) reported Tuesday a Q3 loss of $0.19 per share, compared with earnings of $0.72 per share a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.19.

Revenue for the quarter ended Sept. 30 was $22.8 million, down from $253 million a year earlier.

Four analysts surveyed by Capital IQ expected $20.7 million.

The company's shares were down nearly 2% Tuesday morning.

Price: 2.35, Change: -0.04, Percent Change: -1.67