Recursion Pharmaceuticals: Q2 Earnings Snapshot

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Recursion Pharmaceuticals Inc. (RXRX) on Thursday reported a loss of $97.5 million in its second quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 40 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.

The biotechnology company posted revenue of $14.4 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $14.1 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 RXRX at https://www.zacks.com/ap/RXRX