Xenetic Biosciences: Q1 Earnings Snapshot

FRAMINGHAM, Mass. (AP) _ Xenetic Biosciences, Inc. (XBIO) on Wednesday reported a loss of $1.3 million in its first quarter.

The Framingham, Massachusetts-based company said it had a loss of 15 cents per share.

The company posted revenue of $191,200 in the period. Its adjusted revenue was $191,000.

The company's shares closed at $1.79. A year ago, they were trading at 90 cents.

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

The Associated Press