GlycoMimetics: Q4 Earnings Snapshot

Associated Press Finance
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ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — GlycoMimetics Inc. (GLYC) on Wednesday reported a loss of $9.1 million in its fourth quarter.

On a per-share basis, the Rockville, Maryland-based company said it had a loss of 14 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.

The biotechnology company posted revenue of $10,000 in the period.

For the year, the company reported a loss of $36.9 million, or 58 cents per share. Revenue was reported as $10,000.

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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 GLYC at https://www.zacks.com/ap/GLYC

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