ContraFect: 3Q Earnings Snapshot
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.