U.S. Markets closed

Wave Life Sciences: 3Q Earnings Snapshot

SINGAPORE (AP) _ Wave Life Sciences Pte. Ltd. (WVE) on Friday reported a loss of $37.6 million in its third quarter.

The Singapore-based company said it had a loss of $1.28 per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.25 per share.

The biopharmaceutical company posted revenue of $4.5 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $5.4 million.

Wave Life Sciences shares have climbed 29 percent since the beginning of the year. The stock has more than doubled 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 WVE at https://www.zacks.com/ap/WVE