Biohaven Shares Fall as Q1 Loss Widens, Misses Estimates-February 2024-www.financetom.com

Biohaven Shares Fall as Q1 Loss Widens, Misses Estimates

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Biohaven Shares Fall as Q1 Loss Widens, Misses Estimates

May 10, 2024 8:53 AM

11:27 AM EDT, 05/10/2024 (MT Newswires) -- Biohaven ( BHVN ) shares were falling past 11% in recent Friday trading after the company reported a Q1 adjusted net loss that missed analysts' estimates.

The biopharmaceutical company reported a Q1 adjusted net loss late Thursday of $1.77 per diluted share, wider than a loss of $0.98 a year earlier.

Two analysts polled by Capital IQ expected a loss of $1.56.

The company didn't report any revenue for the quarter ended March 31, as expected.

Price: 36.71, Change: -4.65, Percent Change: -11.24

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