Brief: Axcella Reports Q1 Loss Per Share Of $0.65

Axcella Health

11/05/2020 13:17

May 11 (Reuters) - Axcella Health Inc  AXLA.O :
    * AXCELLA REPORTS FIRST QUARTER FINANCIAL RESULTS AND
PROVIDES
BUSINESS UPDATE
    * Q1 LOSS PER SHARE $0.65
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.86 -- REFINITIV IBES
DATA
    * AXCELLA HEALTH -  REPORTED POSITIVE TOP-LINE DATA FROM
AXA1125-003
    * COMPLETED ENROLLMENT OF AXA1665-002, WITH DATA READOUT
EXPECTED
IN Q3 2020
    * EXPECTS CASH AND CASH EQUIVALENTS WILL BE SUFFICIENT TO
MEET
COMPANY'S OPERATING NEEDS INTO Q2 OF 2021

Source text for Eikon:  ID:nBwb6YlJha 
Further company coverage:  AXLA.O 

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