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ContraFect: 2Q Earnings Snapshot

August 9, 2018

YONKERS, N.Y. (AP) _ ContraFect Corp. (CFRX) on Thursday reported a loss of $20.1 million in its second quarter.

The Yonkers, New York-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs, came to 10 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 10 cents per share.

The company’s shares closed at $1.94. A year ago, they were trading at $1.25.


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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