Radius Health: 2Q Earnings Snapshot

August 7, 2018

WALTHAM, Mass. (AP) _ Radius Health Inc. (RDUS) on Tuesday reported a loss of $68.9 million in its second quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of $1.52. Losses, adjusted for non-recurring costs and stock option expense, were 99 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.32 per share.

The biotechnology company posted revenue of $22.6 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $20.8 million.

Radius Health shares have fallen 28 percent since the beginning of the year. The stock has fallen 45 percent in the last 12 months.


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

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