Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
10x Genomics: Q4 Earnings Snapshot
By AP News - Feb 12, 2025, 04:54 PM ET
Last Updated - Feb 12, 2025, 04:54 PM EST
PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Wednesday reported a loss of $49 million in its fourth quarter.
The Pleasanton, California-based company said it had a loss of 40 cents per share.
Sponsored
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.
The life science technology company posted revenue of $165 million in the period, which met Street forecasts.
For the year, the company reported a loss of $182.6 million, or $1.52 per share. Revenue was reported as $610.8 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXG at https://www.zacks.com/ap/TXG
Sponsored
Read More from Investing
Popular News
Latest News
