SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Twist Bioscience Corp. (TWST) on Thursday reported a loss of $45.5 million in its fiscal second quarter.
The South San Francisco, California-based company said it had a loss of 79 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 84 cents per share.
The maker of synthetic DNA for the biotechnology industry posted revenue of $75.3 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $70.7 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 TWST at https://www.zacks.com/ap/TWST
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