HAMPTON, N.J. (AP) — HAMPTON, N.J. (AP) — Celldex Therapeutics Inc. (CLDX) on Tuesday reported a loss of $26.5 million in its fourth quarter.
The Hampton, New Jersey-based company said it had a loss of 56 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The biopharmaceutical company posted revenue of $1.6 million in the period.
For the year, the company reported that its loss widened to $112.3 million, or $2.40 per share. Revenue was reported as $2.4 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 CLDX at https://www.zacks.com/ap/CLDX
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