SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Twist Bioscience Corp. (TWST) on Monday reported a loss of $44 million in its fiscal second quarter.
The South San Francisco, California-based company said it had a loss of 71 cents per share. Losses, adjusted for non-recurring costs, came to 62 cents per share.
The maker of synthetic DNA for the biotechnology industry posted revenue of $110.7 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $107.8 million.
For the current quarter ending in June, Twist Bioscience said it expects revenue in the range of $114 million to $115 million.
The company expects full-year revenue in the range of $442 million to $447 million.
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