Arrowhead Research reports 1Q loss

AP

Print Article

PASADENA, Calif. (AP) _ Arrowhead Research Corp. (ARWR) on Friday reported a loss of $13.2 million in its fiscal first quarter.

The Pasadena, California-based company said it had a loss of 18 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 18 cents per share.

The drug developer posted revenue of $3.5 million in the period.

Arrowhead Research shares have increased 53 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $5.64, more than doubling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARWR at https://www.zacks.com/ap/ARWR

Print Article

Read More Business

Low electrical rates generate flood of inquiries

February 23, 2018 at 5:00 am | Columbia Basin Herald MOSES LAKE — It’s not a gold rush – gold rushes are kind of 19th Century – but there are a lot of people interested in possibly opening businesses in Grant County. Growth has its upside, but this gro...

Comments

Read More

Ephrata council seeks short-term rental input

February 23, 2018 at 5:00 am | Columbia Basin Herald EPHRATA — The Ephrata City Council devoted much of its most recent Wednesday meeting discussing proposed regulations for short-term vacation rentals — like Air BnB — with parking and pets topping the...

Comments

Read More

Emoluments suit vs. Trump now personal as well as official

AP

February 23, 2018 at 6:29 pm | WASHINGTON (AP) — Attorneys general of Maryland and the District of Columbia on Friday expanded their lawsuit accusing President Donald Trump of accepting gifts from foreign and state governments, su...

Comments

Read More

AP Top Business News at 8:29 p.m. EST

AP

February 23, 2018 at 5:30 pm | US asks judge to approve seizure of Pharma Bro's assets...

Comments

Read More

Contact Us

(509) 765-4561
PO Box 910
Moses Lake, WA 98837

©2018 Columbia Basin Herald Terms of Use Privacy Policy
X
X