SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Recursion Pharmaceuticals Inc. (RXRX) on Tuesday reported a loss of $171.9 million in its second quarter.
On a per-share basis, the Salt Lake City-based company said it had a loss of 41 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The biotechnology company posted revenue of $19.2 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $14.4 million.
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