Recursion (RXRX) posted a net loss of $178.9 million for the fourth quarter of 2024, compared to a net loss of $93.0 million for the fourth quarter of 2023. Net loss per share was $0.53 compared to a loss of $0.42. Analysts on average had expected the company to post a loss of $0.42 per share. Analysts' estimates typically exclude special items.
Fourth quarter total revenue, consisting primarily of revenue from collaborative agreements, was $4.5 million, compared to $10.9 million for the fourth quarter of 2023.
Shares of Recursion are down 10% in pre-market trade on Friday.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.