BOSTON (AP) — BOSTON (AP) — Monte Rosa Therapeutics Inc. (GLUE) on Thursday reported a loss of $27.1 million in its third quarter.
The Boston-based company said it had a loss of 33 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.
The biopharmaceutical company posted revenue of $12.8 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $7.8 million.
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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 GLUE at https://www.zacks.com/ap/GLUE