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CytomX Therapeutics reports 4Q loss

SOUTH SAN FRANCISCO, Calif. (AP) _ CytomX Therapeutics Inc. (CTMX) on Thursday reported a loss of $14 million in its fourth quarter.

The South San Francisco, California-based company said it had a loss of 39 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.

The biopharmaceutical company posted revenue of $6.3 million in the period.

For the year, the company reported that its loss widened to $58.9 million, or $1.63 per share. Revenue was reported as $15 million.

CytomX Therapeutics shares have risen 32 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.50, an increase of almost 2 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 CTMX at https://www.zacks.com/ap/CTMX


Keywords: CytomX Therapeutics, Earnings Report