Affimed N.V.: Q1 Earnings Snapshot

Posted July 1, 2021 3:38 am.

Last Updated July 1, 2021 3:47 am.

HEIDELBERG, Germany (AP) _ Affimed N.V. (AFMD) on Thursday reported first-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.

The Heidelberg, Germany-based company said it had net income of 1 cent per share.

The drug developer posted revenue of $14.1 million in the period.

Affimed N.V. shares have climbed 46% since the beginning of the year. The stock has climbed 84% 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 AFMD at https://www.zacks.com/ap/AFMD

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