Aerovate Therapeutics, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 11.99 million compared to USD 5.78 million a year ago. Basic loss per share from continuing operations was USD 0.49 compared to USD 23.8 a year ago.
For the six months, net loss was USD 22.9 million compared to USD 8.56 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to USD 35.29 a year ago.