CHAPEL HILL, N.C. (AP) — CHAPEL HILL, N.C. (AP) — Tenax Therapeutics Inc. (TENX) on Tuesday reported a loss of $6.3 million in its fourth quarter.
On a per-share basis, the Chapel Hill, North Carolina-based company said it had a loss of 18 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.
For the year, the company reported a loss of $17.6 million, or $1.15 per share.
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