SEATTLE (AP) — SEATTLE (AP) — Sana Biotechnology Inc. (SANA) on Thursday reported a loss of $88.1 million in its fourth quarter.
The Seattle-based company said it had a loss of 45 cents per share. Losses, adjusted for non-recurring costs, were 35 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 37 cents per share.
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For the year, the company reported a loss of $283.3 million, or $1.46 per share.
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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 SANA at https://www.zacks.com/ap/SANA