NEW YORK (AP) _ Anavex Life Sciences Corp. (AVXL) on Thursday reported a loss of $2.8 million in its fiscal third quarter.

On a per-share basis, the New York-based company said it had a loss of 6 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

The company's shares closed at $2.90. A year ago, they were trading at $3.74.

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