Compugen reports 4Q loss

HOLON, Israel (AP) _ Compugen Ltd. (CGEN) on Wednesday reported a loss of $8.5 million in its fourth quarter.

On a per-share basis, the Holon, Israel-based company said it had a loss of 17 cents.

The drug developer posted revenue of $53,000 in the period.

For the year, the company reported that its loss widened to $31.5 million, or 62 cents per share. Revenue was reported as $712,000.

The company's shares closed at $4.65. A year ago, they were trading at $4.72.


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Keywords: Compugen, Earnings Report