Wave Life Sciences: Q1 Earnings Snapshot

SINGAPORE (AP) — SINGAPORE (AP) — Wave Life Sciences Pte. Ltd. (WVE) on Thursday reported a loss of $31.6 million in its first quarter.

On a per-share basis, the Singapore-based company said it had a loss of 24 cents.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.

The biopharmaceutical company posted revenue of $12.5 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $25.7 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 WVE at https://www.zacks.com/ap/WVE