Akero Therapeutics (AKRO) reported a Q4 loss Friday of $0.99, unchanged from a year earlier.
Two analysts polled by FactSet expected a loss of $1.19.
The company did not report any revenue for the quarter ended Dec. 31.
As of year-end, Akero had $797.8 million in cash, cash equivalents, and marketable securities that it expects to be sufficient for funding its current operating plan into 2028.