08:12 AM EDT, 03/21/2024 (MT Newswires) -- Immatics ( IMTX ) reported a full-year 2023 net loss Thursday of 1.20 euros ($1.31) per diluted share, swinging from earnings of 0.55 euros a year earlier.

Analysts polled by Capital IQ expected a loss of 1.26 euros.

Revenue from collaboration agreements for the year ended Dec. 31 was 54 million euros, down from 172.8 million euros a year earlier.

Analysts surveyed by Capital IQ expected 54.1 million euros.

Immatics' ( IMTX ) stock was down 10% in recent Thursday premarket activity.

Price: 10.85, Change: -1.2, Percent Change: -10