Idera: 4Q Earnings Snapshot
EXTON, Pa. (AP) _ Idera Pharmaceuticals Inc. (IDRA) on Thursday reported a loss of $23.2 million in its fourth quarter.
The Exton, Pennsylvania-based company said it had a loss of $1.76 per share. Losses, adjusted for non-recurring costs, were 40 cents per share.
For the year, the company reported that its loss narrowed to $56.5 million, or $2.96 per share. Revenue was reported as $1.4 million.
The company’s shares closed at $1.38. A year ago, they were trading at $2.70.