ContraFect: 3Q Earnings Snapshot
YONKERS, N.Y. (AP) _ ContraFect Corp. (CFRX) on Thursday reported a loss of $4.4 million in its third quarter.
On a per-share basis, the Yonkers, New York-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring gains, 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 $2.30. A year ago, they were trading at $1.02.