Cytokinetics: Q3 Earnings Snapshot

Associated Press Finance
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SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Cytokinetics Inc. (CYTK) on Thursday reported a loss of $129.4 million in its third quarter.

The South San Francisco, California-based company said it had a loss of $1.35 per share.

The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share.

The biopharmaceutical company posted revenue of $378,000 in the period, which also fell short of Street forecasts. Nine analysts surveyed by Zacks expected $24.7 million.

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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

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