EMERYVILLE, Calif. (AP) — EMERYVILLE, Calif. (AP) — Metagenomi Inc. (MGX) on Tuesday reported a loss of $19.9 million in its second quarter.
On a per-share basis, the Emeryville, California-based company said it had a loss of 54 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The genetic medicines company posted revenue of $8.5 million in the period.
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