U.S. Markets close in 7 mins

Aurinia: 4Q Earnings Snapshot

VICTORIA, British Columbia (AP) _ Aurinia Pharmaceuticals Inc. (AUPH) on Tuesday reported a loss of $14.6 million in its fourth quarter.

The Victoria, British Columbia-based company said it had a loss of 17 cents per share.

The biotechnology company posted revenue of $29,000 in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $53,000.

For the year, the company reported that its loss narrowed to $64.1 million, or 76 cents per share. Revenue was reported as $463,000.

Aurinia shares have decreased nearly 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.43, an increase of 12 percent 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 AUPH at https://www.zacks.com/ap/AUPH