LEXINGTON, Mass. (AP) _ Agenus Inc. (AGEN) on Monday reported a loss of $37.7 million in its fourth quarter.

The Lexington, Massachusetts-based company said it had a loss of 20 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.

The biotechnology company posted revenue of $31.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $16.2 million.

For the year, the company reported that its loss widened to $182.9 million, or $1.05 per share. Revenue was reported as $88.2 million.

The company's shares closed at $3.31. A year ago, they were trading at $2.52.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGEN at https://www.zacks.com/ap/AGEN

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