Verve Therapeutics: Q4 Earnings Snapshot

Associated Press Finance

02-27

BOSTON (AP) — BOSTON (AP) — Verve Therapeutics Inc. (VERV) on Thursday reported a loss of $50 million in its fourth quarter.

The Boston-based company said it had a loss of 58 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share.

The biotechnology firm posted revenue of $13.1 million in the period.

For the year, the company reported a loss of $198.7 million, or $2.35 per share. Revenue was reported as $32.3 million.

_____

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

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(VERV) on Thursday reported a loss of $50 million in its fourth quarter.</p>\n<p>The Boston-based company said it had a loss of 58 cents per share.</p>\n<p>The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share.</p>\n<p>The biotechnology firm posted revenue of $13.1 million in the period.</p>\n<p>For the year, the company reported a loss of $198.7 million, or $2.35 per share. Revenue was reported as $32.3 million.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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