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Radius Health: 2Q Earnings Snapshot

August 7, 2019

WALTHAM, Mass. (AP) _ Radius Health Inc. (RDUS) on Wednesday reported a loss of $35.5 million in its second quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 77 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 85 cents per share.

The biotechnology company posted revenue of $41 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $40.8 million.

Radius Health shares have increased 41% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.23, a decline of roughly 1% in the last 12 months.

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

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