Black Diamond: Q4 Earnings Snapshot

Associated Press Finance
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CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Tuesday reported a loss of $19.4 million in its fourth quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 34 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.

For the year, the company reported that its loss narrowed to $82.4 million, or $1.88 per share.

The company's shares closed at $4. A year ago, they were trading at $1.45.

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

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