09:35 AM EDT, 05/08/2024 (MT Newswires) -- Immunocore Holdings ( IMCR ) shares were down more than 2.8% in recent Wednesday trading after the company reported a Q1 net loss of $0.49 per diluted share, widening from a loss of $0.40 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.29.

Revenue for the quarter ended March 31 was $70.5 million, up from $54.7 million a year earlier. Analysts surveyed by Capital IQ expected $55.3 million.

Price: 59.32, Change: -1.72, Percent Change: -2.82