Agios Reports First Quarter 2015 Financial Results and Outlines Late-Stage Clinical Development for AG-221 and AG-120

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Agios Pharma (AGIO) Posts Smaller-than-Expected Q1 Loss

May 7, 2015 8:00 AM EDT

Agios Pharma (NASDAQ: AGIO) reported Q1 EPS of ($0.13), $0.79 better than the analyst estimate of ($0.92). Revenue for the quarter came in at $34.2 million versus the consensus estimate of $10.86 million.

Cash, cash equivalents and marketable securities as of March 31, 2015 were $440.0 million, compared to $467.4 million as of December 31, 2014. The... More