Ultragenyx: Q3 Earnings Snapshot

NOVATO, Calif. (AP) — NOVATO, Calif. (AP) — Ultragenyx Pharmaceutical Inc. (RARE) on Tuesday reported a loss of $118 million in its third quarter.

On a per-share basis, the Novato, California-based company said it had a loss of $1.16.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.15 per share.

The biotechnology company posted revenue of $173 million in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $184.3 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 RARE at https://www.zacks.com/ap/RARE