Immatics (IMTX) reported a fiscal 2025 loss Thursday of 1.61 euros ($1.87) per diluted share, swinging from earnings of 0.14 euros a year earlier.
Analysts surveyed by FactSet expected a loss of 1.66 euros.
Revenue for the year ended Dec. 31 was 48.3 million euros, down from 155.8 million euros a year earlier.
Analysts polled by FactSet expected 39.9 million euros.