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FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Geron Corp. (GERN) on Thursday reported a loss of $42.6 million in its fourth quarter.
The Foster City, California-based company said it had a loss of 10 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The drugmaker posted revenue of $103,000 in the period, which met Street forecasts.
For the year, the company reported that its loss widened to $141.9 million, or 37 cents per share. Revenue was reported as $596,000.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a GERN">Zacks stock report on GERN at https://www.zacks.com/ap/GERN