Zynerba: 2Q Earnings Snapshot
DEVON, Pa. (AP) _ Zynerba Pharmaceuticals Inc. (ZYNE) on Tuesday reported a loss of $11.1 million in its second quarter.
On a per-share basis, the Devon, Pennsylvania-based company said it had a loss of 50 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 50 cents per share.
Zynerba shares have more than tripled since the beginning of the year. The stock has increased 75% in the last 12 months.