Dynavax Technologies: 4Q Earnings Snapshot

Associated Press
Updated ·1 min read

EMERYVILLE, Calif. (AP) _ Dynavax Technologies Corp. (DVAX) on Thursday reported a loss of $15.5 million in its fourth quarter.

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

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.

The biopharmaceutical company posted revenue of $19.6 million in the period.

For the year, the company reported that its loss narrowed to $75.2 million, or 78 cents per share. Revenue was reported as $46.6 million.

Dynavax Technologies shares have climbed 83% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.16, a climb of 85% in the last 12 months.

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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 DVAX at https://www.zacks.com/ap/DVAX