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Sangamo Therapeutics Q4 Loss Narrows, Revenue Soars 270.1%

In a recent report, Sangamo Therapeutics Inc. (SGMO) showcases important financial data. The company's Q4 net loss decreased significantly, while revenue surged by over 270%. This mixed financial performance holds implications for investors, particularly in revenue growth.

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AI Rating:   7

Financial Overview of Sangamo Therapeutics Inc.

Sangamo Therapeutics Inc. reported a loss of -$23.4 million for the fourth quarter, an improvement from the previous year's loss of -$60.3 million. This indicates a narrowing of the losses, which may be interpreted as a positive sign by the market.

Earnings Per Share (EPS): The EPS for the quarter was -$0.11, compared to -$0.34 last year. The reduction in loss per share signals improving financial health, and a more favorable outlook.

Revenue Growth: The company's revenue increased significantly by 270.1%, reaching $7.55 million, up from $2.04 million the previous year. Such a remarkable growth rate is often a strong indicator of a company’s increasing market presence and operational effectiveness, which may attract investor interest.

Stocks:  SGMO