Brief: Axcella Reports Q1 Loss Per Share $0.40

Axcella Health

06/05/2021 12:32

May 6 (Reuters) - Axcella Health Inc  AXLA.O :
    * AXCELLA REPORTS FIRST QUARTER FINANCIAL RESULTS AND
PROVIDES
BUSINESS UPDATE
    * Q1 LOSS PER SHARE $0.40
    * EXPECTS ITS CASH BALANCE WILL BE SUFFICIENT TO MEET CO'S
OPERATING NEEDS INTO Q3 OF 2022
    * AXCELLA HEALTH - AS OF MARCH 31, 2021, CASH, CASH
EQUIVALENTS,
MARKETABLE SECURITIES TOTALED $93.0 MILLION VERSUS $107.3
MILLION AT DECEMBER 31, 2020

Source text for Eikon:  ID:nBw7t8WCya 
Further company coverage:  AXLA.O 

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