CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Black Diamond Therapeutics, Inc. (BDTX) on Monday reported a loss of $23 million in its third quarter.

The Cambridge, Massachusetts-based company said it had a loss of 45 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.

The company's shares closed at $1.90. A year ago, they were trading at $2.21.

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