Black Diamond: Q4 Earnings Snapshot

CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Thursday reported a loss of $21.1 million in its fourth quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 59 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 63 cents per share.

For the year, the company reported that its loss narrowed to $91.2 million, or $2.52 per share.

The company's shares closed at $1.68. A year ago, they were trading at $2.67.

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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