SAN DIEGO (AP) — SAN DIEGO (AP) — Gossamer Bio Inc. (GOSS) on Tuesday reported a loss of $38.3 million in its second quarter.
The San Diego-based company said it had a loss of 17 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The biopharmaceutical company posted revenue of $11.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.5 million.
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