SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — CytomX Therapeutics Inc. (CTMX) on Thursday reported a loss of $6.5 million in its second quarter.
The South San Francisco, California-based company said it had a loss of 8 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The biopharmaceutical company posted revenue of $25.1 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $21.8 million.
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