Arbutus trades higher as Q3 net loss narrows, revenue grows on license deal

Nov. 09, 2022 12:26 PM ETArbutus Biopharma Corporation (ABUS)By: Ravikash, SA News Editor2 Comments

Rolled newspaper with the headline Quarterly Results

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Arbutus Biopharma (NASDAQ:ABUS) stock was trading in the green on Wednesday following its Q3 results.

Total revenue grew +78.1% Y/Y to $5.95M, but missed analysts estimates.

The company said the increase was mainly due to $2.3M of revenue recognition from

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