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Sana Biotechnology Reports Q4 Loss of $49.07 Million

Sana Biotechnology faces setbacks as it reports a loss of $49.07 million for Q4, a slight improvement from last year's loss of $88.12 million. The updated earnings per share stands at -$0.21, a decrease in losses compared to -$0.45 last year.

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AI Rating:   5

Losses Highlighted: Sana Biotechnology, Inc. reported a loss of -$49.07 million for the fourth quarter. This is a significant improvement compared to an even larger loss of -$88.12 million during the same quarter last year, showing a trend towards reduced losses. However, the negative earnings still raise concerns among investors.

The reported Earnings Per Share (EPS) was -$0.21, which is an improvement over the previous year's loss of -$0.45. While a lesser loss can be viewed positively, the fact remains that the company is still operating at a net loss.

The adjusted earnings, which took into consideration certain exclusions, resulted in -$54.79 million or -$0.23 per share. Although these figures indicate a slightly worse performance than the standard EPS reported, it reflects ongoing challenges facing the company.