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BridgeBio Pharma: 1Q Earnings Snapshot

May 13, 2020 GMT

PALO ALTO, Calif. (AP) _ BridgeBio Pharma Inc. (BBIO) on Wednesday reported a loss of $91.9 million in its first quarter.

On a per-share basis, the Palo Alto, California-based company said it had a loss of 78 cents.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 69 cents per share.

BridgeBio Pharma shares have dropped 12% since the beginning of the year.

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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 BBIO at https://www.zacks.com/ap/BBIO