Curis: 2Q Earnings Snapshot
LEXINGTON, Mass. (AP) _ Curis Inc. (CRIS) on Thursday reported a loss of $8.7 million in its second quarter.
The Lexington, Massachusetts-based company said it had a loss of 26 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share.
The drug developer posted revenue of $2.4 million in the period.
The company’s shares closed at $1.87. A year ago, they were trading at $8.35.