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Update: Enhanced Shares Fall After Q2 Miss

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(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.

Two analysts expected $24.6 million.

Price: $1.94, Change: $-0.56, Percent Change: -22.40%

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