AP NEWS

Radius Health: 2Q Earnings Snapshot

August 7, 2018

WALTHAM, Mass. (AP) _ Radius Health Inc. (RDUS) on Tuesday reported a loss of $68.9 million in its second quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of $1.52. Losses, adjusted for non-recurring costs and stock option expense, were 99 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.32 per share.

The biotechnology company posted revenue of $22.6 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $20.8 million.

Radius Health shares have fallen 28 percent since the beginning of the year. The stock has fallen 45 percent 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 RDUS at https://www.zacks.com/ap/RDUS

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