REDWOOD CITY, Calif. (AP) _ Guardant Health Inc. (GH) on Thursday reported a loss of $77.7 million in its third quarter.
The Redwood City, California-based company said it had a loss of 78 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The provider of oncology testing services posted revenue of $74.6 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $66.5 million.
Guardant Health shares have increased 50% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $117.46, a climb of 73% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GH at https://www.zacks.com/ap/GH
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