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Geron: 3Q Earnings Snapshot

November 5, 2020 GMT

FOSTER CITY, Calif. (AP) _ Geron Corp. (GERN) on Thursday reported a loss of $19.7 million in its third quarter.

On a per-share basis, the Foster City, California-based company said it had a loss of 6 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The drugmaker posted revenue of $108,000 in the period.

In the final minutes of trading on Thursday, the company’s shares hit $1.83. A year ago, they were trading at $1.48.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GERN at https://www.zacks.com/ap/GERN