SEATTLE (AP) — SEATTLE (AP) — Sana Biotechnology Inc. (SANA) on Monday reported a loss of $49.1 million in its fourth quarter.
The Seattle-based company said it had a loss of 21 cents per share. Losses, adjusted for non-recurring gains, came to 23 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.
For the year, the company reported a loss of $266.8 million, or $1.16 per share.
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