MENLO PARK, Calif. (AP) _ Versartis Inc. (VSAR) on Tuesday reported a loss of $22.1 million in its fourth quarter.
The Menlo Park, California-based company said it had a loss of 64 cents per share.
For the year, the company reported that its loss widened to $95.8 million, or $3.11 per share.
Versartis shares have risen 27 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.95, more than doubling 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 VSAR at https://www.zacks.com/ap/VSAR
Keywords: Versartis, Earnings Report