Immatics (IMTX) reported a Q1 net loss Tuesday of 0.43 euros ($0.51) per diluted share, widening from a loss of 0.33 euros a year earlier.
Four analysts surveyed by FactSet expected a loss of 0.45 euros.
Revenue from collaboration agreements for the quarter ended March 31 was 7.6 million euros, down from 18.6 million euros a year earlier.
Analysts polled by FactSet expected 8.5 million euros.
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