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Cidara Therapeutics: 1Q Earnings Snapshot

May 13, 2020 GMT

SAN DIEGO (AP) _ Cidara Therapeutics Inc. (CDTX) on Wednesday reported a loss of $17.3 million in its first quarter.

The San Diego-based company said it had a loss of 46 cents per share.

The biopharmaceutical company posted revenue of $2.5 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $3.20. A year ago, they were trading at $2.01.

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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

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