Apellis Pharmaceuticals (APLS) reported a Q4 net loss Friday of $0.29 per diluted share, narrower than its loss of $0.73 per share a year earlier.
Analysts polled by FactSet expected a loss of $0.37.
Revenue for the quarter ended Dec. 31 was $212.5 million, up from $146.4 million a year earlier.
Analysts surveyed by FactSet expected $198.8 million.
The company said it had cash and cash equivalents of $411.3 million as of Dec. 31.
Shares of Apellis were up more than 9% in recent premarket activity Friday.