Bluebird Bio Q3 Loss Narrows, Tops Estimates; Revenues Miss Estimates

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Bluebird Bio Q3 Loss Narrows, Tops Estimates; Revenues Miss Estimates

(RTTNews) - Bluebird Bio, Inc. (BLUE) reported Tuesday a net loss for the third quarter of $71.73 million or $0.66 per share, narrower than $76.52 million or $0.94 per share in the prior-year quarter.

Total revenues for the quarter soared to $12.39 million from $0.01 million in the same quarter last year, primarily due to SKYSONA and ZYNTEGLO product revenue. On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.67 per share on revenues of $13.41 million for the quarter. Analysts' estimates typically exclude special items.

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Bluebird Bio Says FDA Accepts BLA For Lovotibeglogene Autotemcel For Priority Review

Bluebird Bio Says FDA Accepts BLA For Lovotibeglogene Autotemcel For Priority Review

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Eurozone Trade Surplus Surges On Exports To US

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The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
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