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Assembly Biosciences: Q3 Earnings Snapshot

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SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $9.6 million in its third quarter.

The South San Francisco, California-based company said it had a loss of $1.51 per share.

The biotech drug developer posted revenue of $6.8 million in the period.

Assembly Biosciences shares have increased 78% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.50, a climb of 63% 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 ASMB at https://www.zacks.com/ap/ASMB