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Immune Design reports 4Q loss

SEATTLE (AP) _ Immune Design Corp. (IMDZ) on Tuesday reported a loss of $14.4 million in its fourth quarter.

On a per-share basis, the Seattle-based company said it had a loss of 57 cents.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 57 cents per share.

The biotechnology company posted revenue of $2.1 million in the period.

For the year, the company reported that its loss widened to $53.5 million, or $2.47 per share. Revenue was reported as $13.3 million.

Immune Design shares have declined slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.10, a fall of 61 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 IMDZ at https://www.zacks.com/ap/IMDZ


Keywords: Immune Design, Earnings Report