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10x Genomics: Q2 Earnings Snapshot

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Thursday reported a loss of $17.9 million in its second quarter.

The Pleasanton, California-based company said it had a loss of 14 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.

The life science technology company posted revenue of $151 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $147 million.

10x Genomics expects full-year revenue in the range of $610 million to $630 million.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/TXG

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