AP NEWS

Idera: 2Q Earnings Snapshot

August 2, 2018

CAMBRIDGE, Mass. (AP) _ Idera Pharmaceuticals Inc. (IDRA) on Thursday reported a loss of $16 million in its second quarter.

The Cambridge, Massachusetts-based company said it had a loss of 59 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 80 cents per share.

The drugmaker posted revenue of $163,000 in the period.

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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 IDRA at https://www.zacks.com/ap/IDRA

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