Seattle Genetics: Q4 Earnings Snapshot
BOTHELL, Wash. (AP) — BOTHELL, Wash. (AP) — Seattle Genetics Inc. (SGEN) on Wednesday reported a loss of $148.2 million in its fourth quarter. The ...
BOTHELL, Wash. (AP) — BOTHELL, Wash. (AP) — Seattle Genetics Inc. (SGEN) on Wednesday reported a loss of $148.2 million in its fourth quarter. The Bothell, Washington-based company said it had a loss of 80 cents per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $1.02 per share. The biotechnology company posted revenue of $528.2 million in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $483 million.