MENLO PARK, Calif. (AP) _ Personalis Inc. (PSNL) on Thursday reported a loss of $13.3 million in its fourth quarter.
On a per-share basis, the Menlo Park, California-based company said it had a loss of 34 cents.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.
The provider of contract research and genomic information posted revenue of $20.2 million in the period, meeting Street forecasts.
For the year, the company reported that its loss widened to $41.3 million, or $1.20 per share. Revenue was reported as $78.6 million.
For the current quarter ending in April, Personalis said it expects revenue in the range of $20.3 million.
Personalis shares have declined 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.68, more than tripling 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 PSNL at https://www.zacks.com/ap/PSNL
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