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Wealthiest People in CT: 6 Andreas Halvorsen

Wealthiest People in CT: 6 Andreas Halvorsen
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Adaptive Biotechnologies: Q1 Earnings Snapshot

Adaptive Biotechnologies: Q1 Earnings Snapshot May 5, 2021 GMT SEATTLE (AP) Adaptive Biotechnologies Corp. (ADPT) on Wednesday reported a loss of $40.6 million in its first quarter. On a per-share basis, the Seattle-based company said it had a loss of 29 cents. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share. The life-sciences research company posted revenue of $38.4 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $28.5 million. Adaptive Biotechnologies shares have decreased 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.46, a rise of slightly more than 7% in the last 12 months.

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