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ContraFect: 2Q Earnings Snapshot

August 9, 2019

YONKERS, N.Y. (AP) _ ContraFect Corp. (CFRX) on Friday reported a loss of $8.7 million in its second quarter.

The Yonkers, New York-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs, came to 9 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 9 cents per share.

The company’s shares closed at 41 cents. A year ago, they were trading at $1.94.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFRX at https://www.zacks.com/ap/CFRX

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