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Zafgen: 3Q Earnings Snapshot

November 7, 2018

BOSTON (AP) _ Zafgen Inc. (ZFGN) on Wednesday reported a loss of $15.1 million in its third quarter.

The Boston-based company said it had a loss of 41 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.

Zafgen shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.15, more than doubling in the last 12 months.


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

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