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Coherus BioSciences: Q4 Earnings Snapshot

Coherus BioSciences: Q4 Earnings Snapshot

By AP News
Published - Mar 13, 2024, 04:15 PM ET
Last Updated - Mar 13, 2024, 04:15 PM EDT

REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Coherus BioSciences Inc. (CHRS) on Wednesday reported a loss of $79.7 million in its fourth quarter.

The Redwood City, California-based company said it had a loss of 71 cents per share. Losses, adjusted for one-time gains and costs, were 62 cents per share.

The drug developer posted revenue of $91.5 million in the period.

For the year, the company reported a loss of $237.9 million, or $2.53 per share. Revenue was reported as $257.2 million.

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