PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Thursday reported a loss of $17.9 million in its second quarter.
The Pleasanton, California-based company said it had a loss of 14 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.
The life science technology company posted revenue of $151 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $147 million.
10x Genomics expects full-year revenue in the range of $610 million to $630 million.
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