AP NEWS

ContraFect: 3Q Earnings Snapshot

November 12, 2019

YONKERS, N.Y. (AP) _ ContraFect Corp. (CFRX) on Tuesday reported a loss of $5.4 million in its third quarter.

On a per-share basis, the Yonkers, New York-based company said it had a loss of 7 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The company’s shares closed at 30 cents. A year ago, they were trading at $2.19.

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