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Xencor: Q4 Earnings Snapshot

PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Xencor Inc. (XNCR) on Wednesday reported a loss of $6.7 million in its fourth quarter.

The Pasadena, California-based company said it had a loss of 9 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 64 cents per share.

The biotech developing antibodies for severe autoimmune/allergic diseases and cancer posted revenue of $28.2 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $21.6 million.

For the year, the company reported a loss of $91.9 million, or $1.24 per share. Revenue was reported as $125.6 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 XNCR at https://www.zacks.com/ap/XNCR

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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