Comment on Exact Sciences reports 4Q loss

Exact Sciences reports 4Q loss

Exact Sciences reports 4Q loss (AP) — Exact Sciences Corp. on Tuesday reported a loss of $37.2 million in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share. The molecular diagnostics company posted revenue of $35.2 million in the period, which also beat Street forecasts. For the year, the company reported that its loss widened to $167.2 million, or $1.63 per share.

 

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