SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — CytomX Therapeutics Inc. (CTMX) on Monday reported a loss of $26.5 million in its fourth quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of 22 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The biopharmaceutical company posted revenue of $663,000 in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $7.4 million.
For the year, the company reported a loss of $17.4 million, or 15 cents per share. Revenue was reported as $76.2 million.
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