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10x Genomics: Q3 Earnings Snapshot

10x Genomics: Q3 Earnings Snapshot

By AP News
Published - Oct 29, 2024, 04:15 PM ET
Last Updated - Dec 16, 2024, 05:53 PM EST

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Tuesday reported a loss of $35.8 million in its third quarter.

On a per-share basis, the Pleasanton, California-based company said it had a loss of 30 cents.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.

The life science technology company posted revenue of $151.7 million in the period.

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