Gamida Cell: Q1 Earnings Snapshot

By The Associated Press

Posted May 11, 2021 08:23:13 AM.

Last Updated May 11, 2021 08:25:06 AM.

JERUSALEM (AP) _ Gamida Cell Ltd. (GMDA) on Tuesday reported a loss of $18 million in its first quarter.

On a per-share basis, the Jerusalem-based company said it had a loss of 34 cents.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

Gamida Cell shares have decreased 19% since the beginning of the year. The stock has increased 54% in the last 12 months.

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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 GMDA at https://www.zacks.com/ap/GMDA

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