Zafgen: 3Q Earnings Snapshot
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.