Related topics

Idera: 3Q Earnings Snapshot

November 6, 2019 GMT

EXTON, Pa. (AP) _ Idera Pharmaceuticals Inc. (IDRA) on Wednesday reported a loss of $11.1 million in its third quarter.

The Exton, Pennsylvania-based company said it had a loss of 39 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.

In the final minutes of trading on Wednesday, the company’s shares hit $2.52. A year ago, they were trading at $7.21.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDRA at https://www.zacks.com/ap/IDRA