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Aptose Biosciences: 4Q Earnings Snapshot

TORONTO (AP) _ Aptose Biosciences Inc. (APTO) on Tuesday reported a loss of $7.7 million in its fourth quarter.

The Toronto-based company said it had a loss of 13 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

For the year, the company reported that its loss narrowed to $26.3 million, or 52 cents per share.

Aptose Biosciences shares have increased 25% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.08, more than quadrupling in the last 12 months.


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