Xenon Pharmaceuticals: 2Q Earnings Snapshot
BURNABY, British Columbia (AP) _ Xenon Pharmaceuticals Inc. (XENE) on Tuesday reported a loss of $10 million in its second quarter.
The Burnaby, British Columbia-based company said it had a loss of 37 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.
Xenon Pharmaceuticals shares have risen 45% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.18, a fall of slightly more than 3% in the last 12 months.