SAN DIEGO (AP) — SAN DIEGO (AP) — Cibus, Inc. (CBUS) on Thursday reported a loss of $25.4 million in its second quarter.
The San Diego-based company said it had a loss of 61 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 69 cents per share.
The developer and licensor of plant traits for seed companies posted revenue of $933,000 in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBUS at https://www.zacks.com/ap/CBUS
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