Compugen: Q1 Earnings Snapshot

HOLON, Israel (AP) _ Compugen Ltd. (CGEN) on Monday reported a loss of $9.7 million in its first quarter.

On a per-share basis, the Holon, Israel-based company said it had a loss of 11 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The company’s shares closed at $1.93. A year ago, they were trading at $8.

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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 CGEN at https://www.zacks.com/ap/CGEN