Syndax: 2Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Syndax Pharmaceuticals Inc. (SNDX) on Tuesday reported a loss of $18.4 million in its second quarter.
The Waltham, Massachusetts-based company said it had a loss of 74 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 91 cents per share.
The biopharmaceutical company posted revenue of $379,000 in the period.
Syndax shares have fallen 24 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.65, a decrease of 47 percent in the last 12 months.