DYNAVAX TECHNOLOGIES

DVAX
Delayed Quote. Delayed  - 01/27 04:00:00 pm
6.14USD -0.49%

Dynavax Technologies: 3Q Earnings Snapshot

11/05/2020 | 05:29pm

EMERYVILLE, Calif. (AP) _ Dynavax Technologies Corp. (DVAX) on Thursday reported third-quarter net income of $4.4 million, after reporting a loss in the same period a year earlier.

The Emeryville, California-based company said it had profit of 15 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

The biopharmaceutical company posted revenue of $13.4 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $4.13. A year ago, they were trading at $5.36.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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