Minerva Neurosciences: 3Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Minerva Neurosciences Inc. (NERV) on Monday reported a loss of $14 million in its third quarter.
On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 36 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 37 cents per share.
The company’s shares closed at $4.62. A year ago, they were trading at $11.70.