Foundation Medicine Q4 Loss Narrows - Quick Facts

(RTTNews) - Foundation Medicine, Inc. (FMI) Tuesday said fourth-quarter loss narrowed to $13.1 million or $0.48 per share from $42.9 million or $4.64 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.43 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $9.7 million from $8.2 million last year. Analysts expected revenues of $9.04 million.

Looking ahead to the fiscal 2014, the company has forecast revenues in a range of $52 million to $58 million. Analysts currently expect full-year revenues of $54.72 million.