Compugen: 2Q Earnings Snapshot

Posted July 30, 2020 4:39 am.

Last Updated July 30, 2020 4:48 am.

This article is more than 5 years old.

HOLON, Israel (AP) _ Compugen Ltd. (CGEN) on Thursday reported a loss of $6.2 million in its second quarter.

On a per-share basis, the Holon, Israel-based company said it had a loss of 8 cents.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

Compugen shares have more than doubled since the beginning of the year. The stock has more than quadrupled 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 CGEN at https://www.zacks.com/ap/CGEN

The Associated Press

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