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Versartis reports 4Q loss

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