ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Regenxbio Inc. (RGNX) on Tuesday reported a loss of $59.9 million in its fourth quarter.
On a per-share basis, the Rockville, Maryland-based company said it had a loss of $1.38.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.48 per share.
The biotechnology company posted revenue of $31.3 million in the period, which...
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ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Regenxbio Inc. (RGNX) on Tuesday reported a loss of $59.9 million in its fourth quarter.
On a per-share basis, the Rockville, Maryland-based company said it had a loss of $1.38.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.48 per share.
The biotechnology company posted revenue of $31.3 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $35.7 million.
For the year, the company reported a loss of $280.3 million, or $6.50 per share. Revenue was reported as $112.7 million.
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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 RGNX at https://www.zacks.com/ap/RGNX
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