DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Precision BioSciences Inc. (DTIL) on Thursday reported profit of $32.7 million in its second quarter.

The Durham, North Carolina-based company said it had profit of $4.67 per share. Earnings, adjusted for non-recurring gains, came to $3.46 per share.

The genome editing company posted revenue of $49.9 million in the period.

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