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Calithera: 2Q Earnings Snapshot

August 8, 2019

SOUTH SAN FRANCISCO, Calif. (AP) _ Calithera Biosciences Inc. (CALA) on Thursday reported a loss of $24.2 million in its second quarter.

The South San Francisco, California-based company said it had a loss of 58 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.

In the final minutes of trading on Thursday, the company’s shares hit $3.86. A year ago, they were trading at $5.10.

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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 CALA at https://www.zacks.com/ap/CALA

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