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Affimed (AFMD): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Affimed NV (NASDAQ: AFMD) reported Q3 2019 loss of EUR0.17 per share, vs. EUR0.19 reported last year.

— Revenues were EUR2.1 million, vs. EUR0.3 million reported last year.

— Research & development expenses were EUR11.7 million compared to EUR9.8 million last year.

— Cash, cash equivalents and current financial assets totaled EUR76.5 million as of September 30, 2019.

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