Ultragenyx: Fourth Quarter Financial Overview
Ultragenyx Pharmaceutical Reports Fourth Quarter Financial Results
Ultragenyx Pharmaceutical Inc., headquartered in Novato, California, announced on Thursday that it recorded a net loss of $129 million for the fourth quarter.
The company reported a quarterly loss of $1.29 per share.
This performance did not meet the expectations of Wall Street analysts, who, according to a survey by Zacks Investment Research, had predicted an average loss of $1.20 per share.
Despite the loss, Ultragenyx generated $207 million in revenue during the quarter, exceeding the consensus estimate of $202.9 million from seven analysts polled by Zacks.
Financial data for this article was provided by Zacks Investment Research and compiled by Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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