Cytokinetics: 4Q Earnings Snapshot
Cytokinetics: 4Q Earnings Snapshot
SOUTH SAN FRANCISCO, Calif. (AP) _ Cytokinetics Inc. (CYTK) on Thursday reported a loss of $26.5 million in its fourth quarter.
The South San Francisco, California-based company said it had a loss of 48 cents per share.
The biopharmaceutical company posted revenue of $9.4 million in the period.
For the year, the company reported that its loss narrowed to $106.3 million, or $1.95 per share. Revenue was reported as $31.5 million.
Cytokinetics shares have climbed 15 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.25, a fall of 5 percent in the last 12 months.
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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 CYTK at https://www.zacks.com/ap/CYTK