Vascular Biogenics: 3Q Earnings Snapshot - 680 NEWS - 680 News

MODI IN, Israel (AP) _ Vascular Biogenics Ltd. (VBLT) on Monday reported a loss of $5.8 million in its third quarter.

The Modi In, Israel-based company said it had a loss of 12 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The gene therapy biotech company posted revenue of $193,000 in the period.

The company’s shares closed at $1.18. A year ago, they were trading at $1.23.

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

The Associated Press

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2020-11-16 12:22:16Z
CBMiS2h0dHBzOi8vd3d3LjY4MG5ld3MuY29tLzIwMjAvMTEvMTYvdmFzY3VsYXItYmlvZ2VuaWNzLTNxLWVhcm5pbmdzLXNuYXBzaG90L9IBAA