Precision BioSciences: 3Q Earnings Snapshot
DURHAM, N.C. (AP) _ Precision BioSciences Inc. (DTIL) on Tuesday reported a loss of $20.7 million in its third quarter.
The Durham, North Carolina-based company said it had a loss of 41 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.
The genome editing company posted revenue of $4.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $5.3 million.