SOUTH SAN FRANCISCO, Calif. (AP) _ NGM Biopharmaceuticals Inc. (NGM) on Thursday reported a loss of $28.9 million in its third quarter.

The South San Francisco, California-based company said it had a loss of 37 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share.

The biotechnology company posted revenue of $18.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $18.9 million.

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

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