Clovis: Q2 Earnings Snapshot – Albuquerque Journal

Clovis: Q2 Earnings Snapshot

BOULDER, Colo. — Clovis Oncology Inc. (CLVS) on Wednesday reported a loss of $66.4 million in its second quarter.

On a per-share basis, the Boulder, Colorado-based company said it had a loss of 61 cents.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The biopharmaceutical company posted revenue of $36.8 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $40.8 million.

The company’s shares closed at $4.86. A year ago, they were trading at $6.14.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLVS at https://www.zacks.com/ap/CLVS


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

Nativo Sponsored Content

Ad Tango

taboola desktop

MORE ARTICLES LIKE THIS

1
Journal Poll: Keller has large lead over mayoral opponents
2021 city election
Gonzales, Aragon lag behind; runoff may ... Gonzales, Aragon lag behind; runoff may not be needed
2
Half of city voters favor Keller's job performance
2021 city election
60% approval rating a year ago ... 60% approval rating a year ago likely due to pandemic response
3
Gonzales' current job approval stands at 34%
2021 city election
Democratic sheriff has little support from ... Democratic sheriff has little support from members of own party
4
Exhaustion in the ICU: Doctors reflect on state's nearly ...
From the newspaper
New Mexicans urged to get vaccinated, ... New Mexicans urged to get vaccinated, wear masks indoors
5
NM film and television community honors Halyna Hutchins
ABQnews Seeker
New Mexico's film and television community ... New Mexico's film and television community came together to remember cinematographer Halyna Hutchins at a candlelight vigil at Civic Plaza in Albuquerque on Saturday ...
6
States mostly defer to union guidance for on-set gun ...
ABQnews Seeker
Safety standards developed by film studios ... Safety standards developed by film studios and labor unions are the primary protection for actors and film crews when a scene calls for using ...
7
Book merchant Jim Hoffsis was a pillar of Old ...
ABQnews Seeker
Korean War veteran was an admirer ... Korean War veteran was an admirer of military, supporter of local authors
8
Search warrant, 911 calls detail deadly incident on movie ...
ABQnews Seeker
Actor, producer Alec Baldwin shocked and ... Actor, producer Alec Baldwin shocked and saddened at tragic incident that left colleague dead
9
Don't forget: 10-digit phone dialing to be required in ...
ABQnews Seeker
Starting Sunday, phone users across New ... Starting Sunday, phone users across New Mexico must include area codes when dialing to make all calls, including local calls that previously only required ...
10
Hours before showtime, Las Cruces High's band truck is ...
ABQnews Seeker
The Las Cruces High School Showcase ... The Las Cruces High School Showcase band's trip to Albuquerque this weekend started on a sour note. Hours before the Zia Marching Band Fiesta ...