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Black Diamond: Q4 Earnings Snapshot

Black Diamond: Q4 Earnings Snapshot

By AP News
Published - Mar 12, 2024, 08:36 AM ET
Last Updated - Mar 12, 2024, 08:36 AM EDT

CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Tuesday reported a loss of $19.4 million in its fourth quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 34 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.

For the year, the company reported that its loss narrowed to $82.4 million, or $1.88 per share.

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