LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Agenus Inc. (AGEN) on Tuesday reported a loss of $67.2 million in its third quarter.

The Lexington, Massachusetts-based company said it had a loss of $3.08 per share. Losses, adjusted for non-recurring gains, came to $3.17 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.10 per share.

The biotechnology company posted revenue of $25.1 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $39.1 million.

The company's shares closed at $3.90. A year ago, they were trading at $15.07.

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