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Intrexon reports 4Q loss

GERMANTOWN, Md. (AP) _ Intrexon Corp. (XON) on Wednesday reported a loss of $44.1 million in its fourth quarter.

On a per-share basis, the Germantown, Maryland-based company said it had a loss of 37 cents. Losses, adjusted for non-recurring costs, came to 26 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.

The biotechnology company posted revenue of $46 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $52.4 million.

For the year, the company reported that its loss widened to $186.6 million, or $1.58 per share. Revenue was reported as $190.9 million.

Intrexon shares have fallen 10 percent since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XON at https://www.zacks.com/ap/XON


Keywords: Intrexon, Earnings Report