SINGAPORE (AP) — SINGAPORE (AP) — Wave Life Sciences Pte. Ltd. (WVE) on Tuesday reported a loss of $26.1 million in its first quarter.
The Singapore-based company said it had a loss of 13 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The biopharmaceutical company posted revenue of $38.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $10.7 million.
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