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Fluidigm: 4Q Earnings Snapshot

SOUTH SAN FRANCISCO, Calif. (AP) _ Fluidigm Corp. (FLDM) on Thursday reported a loss of $14.8 million in its fourth quarter.

The South San Francisco, California-based company said it had a loss of 36 cents per share. Losses, adjusted for one-time gains and costs, were 6 cents per share.

The company that makes equipment to control fluids posted revenue of $32.3 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $30.6 million.

For the year, the company reported that its loss narrowed to $59 million, or $1.49 per share. Revenue was reported as $113 million.

For the current quarter ending in April, Fluidigm said it expects revenue in the range of $28 million to $31 million.

Fluidigm shares have fallen nearly 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.55, a rise of 47 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 FLDM at https://www.zacks.com/ap/FLDM