AP NEWS

Minerva Neurosciences: 3Q Earnings Snapshot

November 4, 2019 GMT

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.

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