Anavex Life Sciences Shares Rise After Q3 Swings to Profit

MT newswire2026/08/25 18:52

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02:52 PM EDT, 08/25/2026 (MT Newswires) -- Anavex Life Sciences (AVXL) shares rose over 13% on Tuesday after the company's fiscal Q3 swung to profits. The company reported fiscal Q3 earnings of $0.08 per diluted share, swinging from a loss of $0.16 a year earlier. FactSet estimates were not readily available. Cash balance as of June 30 was $118.3 million, which is expected to fund operations into mid to late fiscal 2028. Price: 3.53, Change: +0.42, Percent Change: +13.50

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