Wave Life Sciences: Q4 Earnings Snapshot

SINGAPORE (AP) — SINGAPORE (AP) — Wave Life Sciences Pte. Ltd. (WVE) on Wednesday reported a loss of $16.3 million in its fourth quarter.

The Singapore-based company said it had a loss of 15 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The biopharmaceutical company posted revenue of $29.1 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $23.3 million.

For the year, the company reported a loss of $57.5 million, or 54 cents per share. Revenue was reported as $113.3 million.

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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