SAN DIEGO (AP) — SAN DIEGO (AP) — Gossamer Bio Inc. (GOSS) on Thursday reported second-quarter net income of $16.9 million.
On a per-share basis, the San Diego-based company said it had net loss of 8 cents. Losses, adjusted to extinguish debt and for non-recurring gains, were 20 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The biopharmaceutical company posted revenue of $9.2 million in the period.
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