AP NEWS

Karyopharm Therapeutics: 2Q Earnings Snapshot

August 7, 2018

NEWTON, Mass. (AP) _ Karyopharm Therapeutics Inc. (KPTI) on Tuesday reported a loss of $33.7 million in its second quarter.

The Newton, Massachusetts-based company said it had a loss of 60 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 76 cents per share.

The pharmaceutical company posted revenue of $19.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $6 million.

Karyopharm Therapeutics shares have increased 84 percent since the beginning of the year. The stock has more than doubled 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 KPTI at https://www.zacks.com/ap/KPTI

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