Evelo Biosciences, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was USD 21.1 million compared to USD 30.56 million a year ago. Basic loss per share from continuing operations was USD 3.78 compared to USD 8.07 a year ago.
For the six months, net loss was USD 46.44 million compared to USD 60.42 million a year ago. Basic loss per share from continuing operations was USD 8.35 compared to USD 18.67 a year ago.