Cidara Therapeutics: Q1 Earnings Snapshot

·1 min read

SAN DIEGO (AP) _ Cidara Therapeutics Inc. (CDTX) on Thursday reported a loss of $18.3 million in its first quarter.

The San Diego-based company said it had a loss of 39 cents per share.

The biopharmaceutical company posted revenue of $2.4 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.02. A year ago, they were trading at $3.20.

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

The Associated Press

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