Arrowhead Research posts wider fiscal Q4 loss and revenue miss
FROM THE WIRE · FINANCE.YAHOO.COM
PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Arrowhead Research Corp. (ARWR) on Thursday reported a loss of $428 million in its fiscal fourth quarter. On a per-share basis, the Pasadena, California-based company said it had a loss of $3.04. The results fell short of Wall…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA larger-than-expected loss and revenue miss can weigh on Arrowhead shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Fiscal Q4 loss was $428 million, or $3.04 per share, versus an estimate of a $1.59 loss.
- 02Revenue of $37.8 million missed Street forecasts of $66.3 million.
- 03Shares have declined 29% since the beginning of the year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets