(Updates with the company's stock move in the headline and first paragraph.)
Enhanced Group's (ENHA) shares were down more than 22% in Friday trading, a day after the company reported Q2 results that missed analysts' expectations.
The company reported a Q2 net loss of $0.53 per diluted share, widening from a loss of $0.03 a year earlier.
Two analysts polled by FactSet expected a loss of $0.18.
Revenue for the quarter ended June 30 was $17.7 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.