Investing.com - Aptevo Therapeutics (NASDAQ:APVO) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aptevo Therapeutics announced earnings per share of $-1.50 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-1.35 on revenue of $1.85M.
Aptevo Therapeutics shares are up 25.4% from the beginning of the year, still down 87.14% from its 52 week high of $22.08 set on November 23, 2021.
Aptevo Therapeutics follows other major Healthcare sector earnings this month
Aptevo Therapeutics's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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