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Applied Genetic Technologies Corporation  (AGTC)
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Working costs were building up at the AGTC in the first quarter of 2022

AGTC recorded first quarter of 2022 operating loss of $-17.344 millions

Published 2022-11-22T22:17:33+00:00
Goran Soko / CSIMarket.com Contributer

closeup_By_Jean-Etienne_Minh-Duy_Poirrier_from_Bruxelles_Belgium_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons The investors haven't anticipated some moderations at the revenue all over the earnings cycle of fiscal July to September 30 2022 at the Applied Genetic Technologies Corporation. However, shareholders monitor the Biotechnology & Pharmaceuticals company's operating loss that has been at $-17.344 millions, in the same period.

The small company hasn't reported the top-line yet, but to put current conduct into perspective. It is certainly supported by measuring with company's accomplishment through the first quarter of 2021, where the Applied Genetic Technologies Corporation announced an operating loss of $-16.425 millions.


The CEO is seeking distinct business models, consecutively to secure steady revenue streams. Over the same period the deficit, which the Applied Genetic Technologies Corporation has went through in the developing cycle, has swelled to $-18.410 millions, from $-17.119 millions, relative to the corresponding period a year ago.


Applied Genetic Technologies Corporation is expected to report next financial recent numbers on February 13, 2023.


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Other AGTC's Earnings Reports

Applied Genetic Technologies reported second quarter 2022 earnings

Applied Genetic Technologies reported first quarter 2022 earnings

Applied Genetic Technologies reported fourth quarter 2021 earnings

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