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Pfenex reports 4Q loss

SAN DIEGO (AP) _ Pfenex Inc. (PFNX) on Wednesday reported a loss of $10.6 million in its fourth quarter.

The San Diego-based company said it had a loss of 45 cents per share.

The biotechnology company posted revenue of $5.5 million in the period.

For the year, the company reported net income of $5.5 million, or 23 cents per share, swinging to a profit in the period. Revenue was reported as $60.2 million.

Pfenex shares have declined 24 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.89, a fall of 25 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 PFNX at https://www.zacks.com/ap/PFNX


Keywords: Pfenex, Earnings Report