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NEW YORK – Oncocyte said after the close of the market on Wednesday that its fourth quarter net loss rose 77 percent year over year as it pushed toward a transition to commercial test operations.

For the three-month period ended Dec. 31, 2019, Oncocyte's net loss rose to $8.0 million, or $.15 per share, from $4.5 million, or $.11 per share, in the same period of 2018. Wall Street analysts, on average, had expected a lower per-share loss of $.09.

The Irvine, California-based company did not generate any revenue during the year.

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