GeneNews: 3Q Earnings Snapshot
Posted Nov 20, 2020 08:50:27 AM.
Last Updated Nov 20, 2020 08:54:14 AM.
This article is more than 5 years old.
RICHMOND HILL, Ontario (AP) _ GeneNews Ltd. (GNWSF) on Friday reported a third-quarter loss of $4.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Richmond Hill, Ontario-based company said it had a loss of 18 cents. Losses, adjusted for non-recurring costs, were 8 cents per share.
The genetic testing company posted revenue of $1.5 million in the period.
The company’s shares closed at 59 cents. A year ago, they were trading at 37 cents.
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The Associated Press