Skip to main content

10x Genomics: Q4 Earnings Snapshot

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Thursday reported a loss of $16.3 million in its fourth quarter.

The Pleasanton, California-based company said it had a loss of 13 cents per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The life science technology company posted revenue of $166 million in the period.

For the year, the company reported a loss of $43.5 million, or 35 cents per share. Revenue was reported as $642.8 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

TEst Draft

updated by pwenzel 3:13pm
Read Next Story