Wave Life Sciences: Q4 Earnings Snapshot
Published
SINGAPORE (AP) — SINGAPORE (AP) — Wave Life Sciences Pte. Ltd. (WVE) on Wednesday reported a loss of $43.7 million in its fourth quarter.
On a per-share basis, the Singapore-based company said it had a loss of 47 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.
The biopharmaceutical company posted revenue of $1.2 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.3 million.
For the year, the company reported a loss of $161.8 million, or $2.05 per share. Revenue was reported as $3.6 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 WVE at https://www.zacks.com/ap/WVE