Seattle Genetics Q3 Loss Widens - Quick Facts

(RTTNews) - Seattle Genetics Inc. (SGEN) Tuesday said third-quarter loss widened to $23.7 million or $0.19 per share from $13.7 million or $0.12 per share in the comparable quarter last year.

On average, 13 analysts polled by Thomson Reuters expected the company to report a loss of $0.22 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $71.0 million, up from $49.8 million last year. Analysts expected revenues of $57.79 million.

Costs and expenses for the quarter increased to $94.8 million from $63.6 million last year.