Adverum Biotechnologies Reports Recent Business Progress and Third Quarter 2019 Financial Results

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Adverum Biotechnologies (ADVM) Tops Q3 EPS by 1c

November 7, 2019 4:27 PM EST

Adverum Biotechnologies (NASDAQ: ADVM) reported Q3 EPS of ($0.25), $0.01 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $250 thousand versus the consensus estimate of $180 thousand.

The third quarter was important for Adverum, as we reported sustained benefits from a single... More