FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Geron Corp. (GERN) on Wednesday reported a loss of $52 million in its fourth quarter.

The Foster City, California-based company said it had a loss of 9 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

The drugmaker posted revenue of $23,000 in the period.

For the year, the company reported a loss of $184.1 million, or 32 cents per share. Revenue was reported as $237,000.

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