Assembly Biosciences: Q1 Earnings Snapshot

Published: 2026-05-07 16:10:24 ET ASMB

Published on 05/07/2026 at 04:10 pm EDT

SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Thursday reported a loss of $9.1 million in its first quarter.

On a per-share basis, the South San Francisco, California-based company said it had a loss of 54 cents.

The biotech drug developer posted revenue of $8.2 million in the period.

Assembly Biosciences shares have decreased slightly more than 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.19, more than doubling in the last 12 months.

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