SAN DIEGO (AP) — SAN DIEGO (AP) — ImmunityBio, Inc. (IBRX) on Monday reported a loss of $129.6 million in its first quarter.
On a per-share basis, the San Diego-based company said it had a loss of 15 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The immunotherapy company posted revenue of $16.5 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $15.7 million.
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