Compugen: Q4 Earnings Snapshot

HOLON, Israel (AP) — HOLON, Israel (AP) — Compugen Ltd. (CGEN) on Monday reported a loss of $3.1 million in its fourth quarter.

The Holon, Israel-based company said it had a loss of 4 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The drug developer posted revenue of $7.5 million in the period.

For the year, the company reported that its loss narrowed to $33.7 million, or 39 cents per share. Revenue was reported as $7.5 million.

The company’s shares closed at 75 cents. A year ago, they were trading at $3.02.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CGEN at

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