Twist Bioscience (TWST) Reports Q1 Loss, Tops Revenue Estimates

Twist Bioscience (TWST) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.52%. A quarter ago, it was expected that this maker of synthetic DNA for the biotechnology industry would post a loss of $0.73 per share when it actually produced a loss of $0.59, delivering a surprise of 19.18%.Over t ...