Sana: Q2 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Sana Biotechnology Inc. (SANA) on Thursday reported a loss of $50.3 million in its second quarter.

On a per-share basis, the Seattle-based company said it had a loss of 21 cents. Losses, adjusted for non-recurring gains, came to 32 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.

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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 SANA at https://www.zacks.com/ap/SANA