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Altimmune reports 3Q loss

GAITHERSBURG, Md. (AP) _ Altimmune Inc. (ALT) on Thursday reported a third-quarter loss of $29.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Gaithersburg, Maryland-based company said it had a loss of $2.05. Losses, adjusted for asset impairment costs, came to 34 cents per share.

The developer of immune therapy treatments posted revenue of $4.6 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.26. A year ago, they were trading at $29.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALT at https://www.zacks.com/ap/ALT