ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Regenxbio Inc. (RGNX) on Thursday reported a loss of $51.2 million in its fourth quarter.
On a per-share basis, the Rockville, Maryland-based company said it had a loss of $1.01.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.27 per share.
The biotechnology company posted revenue of $21.2 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $22.9 million.
For the year, the company reported a loss of $227.1 million, or $4.59 per share. Revenue was reported as $83.3 million.
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