Wave Life Sciences (WVE) reported a Q3 loss Tuesday of $0.47 per diluted share, swinging from earnings of $0.07 a year earlier.
Analysts polled by Capital IQ expected a loss of $0.29.
The company reported no revenue for the quarter ended Sept. 30 compared with $49.2 million a year earlier.
Analysts surveyed by Capital IQ expected $13.1 million.
Cash and cash equivalents were $310.9 million as of Sept. 30, which is expected to fund operations into 2027, the company said.
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